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CGG: DPC contract renewed with Total

(CercleFinance.com) - CGG has announced that Total has renewed its contract for the operation of a Dedicated Processing Center (DPC) in Pau, France, with its geosciences division.


The contract has been renewed for a period of five years, from January 2020.

Sophie Zurquiyah, CGG's CEO, said, "This, together with its ability to leverage CGG's high-end 4D processing expertise and technology, has enabled the DPC to deliver outstanding results over the years".

The market likes this, with the CGG share up around 3% in mid-afternoon trading on Thursday.



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