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Wednesday, August 31, 2016
CGG and Ghanaian oil service company, GNPC Operating Services Co. (GOSCO), are forming a JV company dedicated to conducting high-end 2D, 3D, and 4D marine seismic acquisition and related services in the territorial waters off Ghana. The primary aim of the JV company, GOSCO Geoscience Ltd. (GGSL), is to make available world-class seismic vessels and state-of-the-art marine seismic acquisition technologies and services to oil and gas industry players operating in Ghana.
The new JV will be a Ghanaian indigenous company and be based in Accra. Its creation also recognizes and supports the requirement for knowledge transfer and capacity-building in the Ghanaian E&P industry as well as the need for safe and efficient oil and gas operations undertaken to the highest international standards.
Jean-Georges Malcor, CEO, CGG, said: “We have joined forces with GOSCO to set up this joint venture as a response to recent growing industry interest in Ghana’s oil and gas potential. This move is another example of CGG’s strategy to work in partnership with local oil and gas players to benefit from their experience of working in the country while bringing them the benefit of CGG’s global expertise as a leading technology provider. We believe this joint venture will create a strong vehicle for growth in Ghana’s E&P industry.”
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