CGG announced a flurry of new business and activity in recent weeks, leading with a new JV with Russia's largest energy shipper Sovcomflot to provide high-end 3D marine seismic acquisition services targeting the Arctic and sub-Arctic. The JV, Arctic Geophysical Exploration, will be 51% owned by Sovcomflot and based out of Moscow. Under the deal, CGG will charter a 14-streamer ice-class vessel, while Sovcomflot contributes capabilities from an 8-streamer ice-class vessel. Four total vessels are......
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