Viridien (CGPVF)

CGG was established on July 23, 1931. The Company is a manufacturer of geophysical equipment and provides seismic services in data acquisition and processing, both onshore and offshore, to clients in the oil and gas exploration and production industry. The Company is organized in three divisions. Acquisition, which comprises Marine: offshore seismic data acquisition that it undertakes either on behalf of a specific client, or for its Multi-Client Business Line (internal activity); Land and Airborne: other seismic data acquisition that it undertakes either on behalf of a specific client, or for its Multi-Client Business Line (internal activity). Geology, Geophysics & Reservoir (GGR) segment comprises the Multi-Client Business Line (development and management of seismic surveys that it undertakes and license to a number of clients on a non-exclusive basis) and the Subsurface Imaging and Reservoir Business Line (processing and imaging of geophysical data, reservoir characterization, geophysical consulting and software services, geological data library and data management solutions). Both business lines regularly combine their offers, generating overall synergies between their respective activities. Equipment, which comprises manufacturing and sales of seismic equipment used for data acquisition, both on land and marine. It carries out the activity in the Equipment segment through its subsidiary Sercel. The Company's competitors are WesternGeco, Global Geophysical Services, BGP, and Geokinetics, and for the shallow water and ocean bottom surveys segments, Seabed Geosolutions BV, its joint venture with Fugro.