CGG, GOSCO announce JV for seismic services offshore Ghana

8/30/2016

PARIS -- CGG has signed an agreement with GNPC Operating Services Company (GOSCO), an independent Ghanaian E&P services company, to form a joint-venture (JV) company dedicated to conducting high-end 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of the Republic of Ghana.

The primary aim of the JV company, known as GOSCO Geoscience Limited (GGSL), is to make available world-class seismic vessels and state-of-the-art marine seismic acquisition technologies and services to oil and gas industry players operating in Ghana.

The new JV will be a Ghanaian indigenous company and be based in Accra. Its creation also recognizes and supports the requirement for knowledge transfer and capacity-building in the Ghanaian E&P industry as well as the need for safe and efficient oil and gas operations undertaken to the highest international standards.

“We have joined forces with GOSCO to set up this JV as a response to recent growing industry interest in Ghana’s oil and gas potential,” Jean-Georges Malcor, CEO, CGG, said.

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