Thread regarding CGG Veritas layoffs

CGG: Wins Extension until 2021 for Oman Dedicated Center

http://www.nasdaq.com/press-release/cgg-wins-extension-until-2021-for-oman-dedicated-center-20170523-00021

Paris, France - May 23, 2017

CGG announced today the extension, until the end of 2021, of its contract with Petroleum Development Oman (PDO) for the provision of subsurface imaging technology and services at its dedicated processing center (DPC) in Muscat.

Within the terms of the extension, the DPC's capacity, resources and responsibilities will be expanded to respond to the specific requirements of PDO's data acquisition strategy. CGG will also reinforce its significant In-Country Value initiatives, such as developing expert local staff, onsite training, and educational and mentoring support to Sultan Qaboos University.

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| 1863 views | | 2 replies (last May 31, 2017) | Reply
Post ID: @OP+NqpXOns

2 replies (most recent on top)

DIDNT CGG CLOSE THE MUSCAT OFFICE LAST YEAR

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Post ID: @8vgq+NqpXOns

Big deal - a default could change this deal. Companies with billions in debt are

just hanging on. It is normal to act like nothing is wrong

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Post ID: @3yiq+NqpXOns

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