Reservoir characterization software combines expertise with ease-of-use

CGG announced today that it has entered into a binding agreement with NEOS for the sale of its Multi-Physics Business Line encompassing gravity, magnetic, electromagnetic and radiometric surveys with an advanced range of airborne fixed-wing and helicopter systems and the General Geophysics Italy business specializing in high-end land EM processing and imaging.

The North America and Latin America marketing team for CGG GeoSoftware has earned first place in the Qualitative and Quantitative Market Research category of an annual marketing research award bestowed by the Business Marketing Association (BMA) of Houston. This is the first time CGG has entered the association’s annual Lantern Awards competition.

CGG has completed processing of the Bade FALCON® Airborne Gravity Gradiometer (AGG) multi-client survey it recently conducted within the Papua Foreland Basin.