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Last updated on April 24, 2014 at 16:36 EDT

Latest CGGVeritas Stories

2012-11-05 00:20:33

HOUSTON, Nov. 5, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) and CGGVeritas (NYSE: CGV, Euronext) announced today a collaborative relationship to improve shale reservoir exploration. Using reservoir models that integrate log-derived, near-wellbore geomechanical and petrophysical properties from Baker Hughes with calibrated seismic data from CGGVeritas, operators can optimize well placement and completion design earlier in the asset lifecycle for more efficient well...

2011-11-14 05:30:00

HOUSTON, Nov. 14, 2011 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) announced the commencement of its deep water 3D seismic survey off the coast of the Republic of Guinea. Using the survey vessel Oceanic Endeavour, seismic contractor CGGVeritas (NYSE: CGV), will acquire 3D seismic data in a deep water area covering approximately 4,000 square kilometers in Hyperdynamics' oil and gas concession offshore Guinea in West Africa. After it completes the data acquisition phase of the...

2011-09-21 05:00:00

HOUSTON, Sept. 21, 2011 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) today announced the signing of a 3D acquisition and processing contract with CGGVeritas (NYSE: CGV) to cover an area of approximately 4,000 square kilometers in its exploration block offshore Guinea. The value of the contract is approximately US $29.0 million gross. The survey is expected to begin in late October 2011, using the survey vessel Oceanic Endeavour. The area of the 3D acquisition is just southwest...

2011-06-28 00:00:00

PARIS, June 28, 2011 /PRNewswire/ -- BOURBON announces the signing of a five-year marine charter agreement with CGGVeritas for six new seismic support and assistance vessels that will be delivered at the end of 2012. Following a tender procedure, BOURBON has decided to build these vessels at Grandweld Shipyards in Dubai. These vessels will be used to support the fleet of CGGVeritas seismic survey vessels operating all over the world, providing them with the requisite ancillary...

2008-12-29 23:30:00

PARIS, December 30 /PRNewswire-FirstCall/ -- CGGVeritas (ISIN: 0000120164 - NYSE: CGV) announced today that it launched a mandatory offer (the "Offer") for the 38,903,024 shares of Wavefield Inseis ("Wavefield") (OSE: WAVE) (representing 30.1% of the share capital) that it does not own, as well as the 2,892,875 shares that might be created following the exercise of the existing stock options. CGGVeritas has received formal approval of its Offer document (the "Offer Document") from...

2008-12-15 03:02:00

PARIS, December 15 /PRNewswire-FirstCall/ -- - CGGVeritas Announces the Success of its Voluntary Exchange Offer for Wavefield and Declares it Unconditional - 69.7% of Wavefield Shares Have Been Tendered - CGGVeritas Will Launch a Mandatory Offer for all Remaining Shares of Wavefield not Tendered to the Voluntary Exchange Offer CGGVeritas (ISIN: 0000120164 - NYSE: CGV) announced today the success of its voluntary exchange tender offer (the "Offer") made for all the...

2008-12-05 02:16:00

PARIS, December 5 /PRNewswire-FirstCall/ -- CGGVeritas (ISIN: 0000120164 - NYSE: CGV) announced today the clearance by the Norwegian Competition Authority relating to its voluntary exchange tender offer for Wavefield Inseis (OSE: WAVE). On November 10, 2008, CGGVeritas announced its voluntary exchange tender offer for 100% of the shares of Wavefield Inseis. On November 26, 2008, CGGVeritas received approval of its offer document for the voluntary exchange tender offer for Wavefield...

2008-12-04 00:00:00

PARIS, December 4 /PRNewswire-FirstCall/ -- CGGVeritas (ISIN: 0000120164 - NYSE: CGV) announced today that it has been awarded a multi-year contract extension by Petroleum Development Oman (PDO) to perform seismic data processing and imaging services at its Mina Al Fahal site. The contract extension is expected to commence January 2009 and continue through 2011 with an option to extend for an additional year. The dedicated processing center, through which CGGVeritas has delivered...

2008-12-02 00:00:00

PARIS, December 2 /PRNewswire-FirstCall/ -- CGGVeritas (ISIN: 0000120164 - NYSE: CGV) has been awarded a groundbreaking land 3D seismic survey by PDVSA, for the largest program recorded to-date in Venezuela. The project, valued at $100 million, will commence in early 2009 and is expected to last approximately six months. With over thirty years of experience in Venezuela and recognized leadership in advanced survey design, acquisition and processing technology, CGGVeritas has the core...

2008-11-12 09:00:12

CGGVeritas has announced that it will make a voluntary exchange tender offer for 100% of the shares of Wavefield Inseis, a Norwegian pure-play seismic company which operates a fleet of eight vessels and develops geophysical equipment based on fiber optic technology. The transaction strengthens CGGVeritas's high-end fleet capability with immediate access to five recently equipped high capacity 3D vessels. The additional complement of three mid 3D and 2D Wavefield vessels increases overall...