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CGGVeritas is celebrating its 80th anniversary this year. The international geophysical services provider was founded as Compagnie Générale de Géophysique (CGG) in 1931 and conducted its first survey in West Africa in 1932. CGG began conducting 3D seismic exploration in 1971 and acquired its first 4D survey in 1994. The company assumed its present name in 2007 by combining with Veritas. CGGVeritas includes legacy companies such as the US-based Digicon and Canadian software company Hampson-Russell. Sercel, the seismic equipment manufacturer, also operates within CGGVeritas’ corporate umbrella. CEO Jean-Georges Malcor provided his perspective to World Oil Editor Pramod Kulkarni on the outlook for the seismic industry and the current state of technology advancement in acquisition, data processing and interpretation.
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