CGG: Develops a Centre for Advanced Imaging for PETRONAS Carigali Sdn Bhd
September 03 2018 - 1:16AM
CGG Develops a Centre for Advanced
Imaging for PETRONAS Carigali Sdn Bhd
Paris, France - September 3, 2018
CGG and PETRONAS Carigali Sdn Bhd (PETRONAS
Carigali), a wholly-owned subsidiary of Petroliam Nasional Berhad
(PETRONAS), have agreed on a collaboration to provide access to
CGG's latest technology and expertise in high-end seismic and
multi-physics imaging, and reservoir characterization.
CGG received an award of contract from PETRONAS
Carigali to develop a Centre for Advanced Imaging (CAI) for five
years which will be operated by PETRONAS Carigali at its
headquarters located in the landmark PETRONAS Twin Towers in Kuala
Lumpur, Malaysia. This collaboration provides a framework for
technical development of PETRONAS Carigali staff as well as R&D
collaboration, particularly in the area of multi-physics.
This is the first-ever CAI award from PETRONAS
Carigali and it reflects the company's strategy to partner with
external parties to bring in fast-paced, innovative solutions to
solve its complex business challenges. The CAI also allows direct
and closer interaction with imaging geophysicists to fast-track
bespoke processing of seismic and multi-physics data from PETRONAS'
acreage around the world. PETRONAS Carigali will be given access to
software suites from CGG Subsurface Imaging, Multi-Physics and
GeoSoftware, which will enable PETRONAS Carigali to perform
advanced technical analysis at the pace and priority needed by its
business.
The CAI facilitates collaborative R&D on the
CGG Multi-Physics imaging suite, resulting in mutually-improved
products available to both PETRONAS Carigali and CGG. The CAI will
also enable PETRONAS Carigali to investigate expansions into
multi-disciplinary solutions and explore the potential of cloud
computing and machine learning.
Sophie Zurquiyah, CEO, CGG, said: "CGG is well
placed to support PETRONAS Carigali in its ambition to take the
technological lead in the upstream E&P business and achieve a
sustainable energy future. Not only have we worked closely with
PETRONAS Carigali since the early 1990s, processing data from all
of its blocks over the years, PETRONAS Carigali recognizes our
commitment to pursuing technical collaboration and developing
customized solutions that leverage our technical edge and global
expertise."
About CGG
CGG (www.cgg.com) is a fully integrated
Geoscience company providing leading geological, geophysical and
reservoir capabilities to its broad base of customers primarily
from the global oil and gas industry. Through its three
complementary businesses of Equipment, Acquisition and Geology,
Geophysics & Reservoir (GGR), CGG brings value across all
aspects of natural resource exploration and exploitation. CGG
employs around 5,300 people around the world, all with a Passion
for Geoscience and working together to deliver the best solutions
to its customers.
CGG is listed on the Euronext Paris SA (ISIN:
0013181864) and the New York Stock Exchange (in the form of
American Depositary Shares. NYSE: CGG).
Contacts
Group
Communications Christophe BarniniTel: + 33 1 64 47 38
11E-Mail: : invrelparis@cgg.com |
Investor RelationsCatherine LeveauTel: +33 1 64 47 34
89E-mail: : invrelparis@cgg.com |
- Press release pdf version.pdf