CGGVeritas · Paris France · (NYSE: CGV)
Company Description
Phone: +33-1-64-47-45-00
Fax: +33-1-64-47-34-31
Rankings
- SBF 120
- SBF 250
View CGGVeritas Locations On A US Map
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This link will open in a new window It's the veritable truth, CGGVeritas works by land and by sea to provide seismographic services and equipment for oil and gas companies worldwide. Its geophysical services units provide land-based seismic surveying, including borehole services, and marine seismic surveying. The company can deploy up to 30 land and transition zone crews, and it operates a fleet of 20 marine vessels. It also processes the seismic data it collects. Its Sercel unit makes geophysical equipment, including land and marine seismic acquisition systems. In 2007 Générale de Géophysique (CGG) acquired rival Veritas DGC for $3.1 billion, and became CGGVeritas. To read the full description, subscribe now.
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Key CGGVeritas Financials
| Company Type | Public - NYSE: CGV Headquarters |
| Fiscal Year-End | December |
| 2008 Employees | 8,470 |
CGGVeritas Executives
29 executives listed for CGGVeritas's Paris France location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Robert Brunck | |
| CEO-Designate | Jean-Georges Malcor | |
| Group President and COO; Chairman, Sercel; and President, Services | Thierry Le Roux |
Competition
Competitive Landscape for CGGVeritas
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top CGGVeritas Competitors
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