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CGGVeritas · Paris France ·(NYSE: CGV)(Euronext Paris: GA)

Company Description

Tour Maine-Montparnasse 33, Avenue du Maine
Paris
75755
France (Map)
Phone: +33-1-64-47-45-00
Fax: +33-1-64-47-34-31
Rankings
  • SBF 120
  • SBF 250
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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 TypePublic - NYSE: CGV - Euronext Paris: GA

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$3,670.6
2008 Employees8,470

CGGVeritas Executives

28 executives listed for CGGVeritas's Paris,  location.
TitleName & BioContact
Chairman and CEORobert BrunckNetwork
Group President and COO; Chairman, Sercel; and President, ServicesThierry Le RouxNetwork
Group CFOStéphane-Paul FrydmanNetwork

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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