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CGGVeritas signed a framework agreement with JSC Sevmorneftegeofizika (SMNG) to form a strategic alliance. Together, CGGVeritas and SMNG intend to jointly address the growing Russian and CIS high-end seismic vessels market and coordinate their complementary capacities worldwide.
SMNG provides a wide range of marine geophysical services worldwide, including 2-D and 3-D marine seismic acquisition, navigation and positioning services, seismic data processing, and integrated interpretation of seismic data.
Jean-Georges Malcor, CEO of CGGVeritas, said, “At a time when seismic Russian and CIS exploration is becoming increasingly important, we are very pleased to sign this strategic alliance with SMNG. It creates a solid foundation for future growth in the region.”