CGG Concludes Takeover of Fugro Geosciences' Airborne Activities

CGG (France) has received the main administrative authorisations allowing the company to conclude its acquisition of Fugro Geoscience’s airborne activities. Certain administrative actions are still to be completed, but these do not impact business continuity and are expected to be finalised shortly.

The Airborne acquisition completes the final stage in CGG’s successful acquisition and integration of Fugro Geoscience. As a result of this transaction, CGG has enhanced its integrated geoscience offering and expanded into new markets such as marine gravity, electromagnetics, data management services and geological expertise as well as airborne geophysics.