Seismic Firm CGG Sells GeoSoftware Business
Credit: CGG
French seismic data firm CGG has signed a deal with Topicus and Vela Software, for the sale of CGG’s GeoSoftware business.
According to the description on CGG s website, GeoSoftware product suite, among other things, helps oil and gas operators unlock the maximum hydrocarbon potential from their reservoir assets with advanced seismic interpretation features. Being a perpetual owner of businesses, Topicus and Vela look forward to maintaining the standard of excellence that CGG has instilled in the Company’s solutions, said
Gabor Czegledy, CEO of Vela’s Energy Portfolio and
Han Knooren, Group CEO of the TSS operating group within Topicus.
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