CGGVeritas (CGV +3.8%) signs an MOU with Saudi Aramco for collaborative research and development...

|About: CGG (CGG)|By:, SA News Editor

CGGVeritas (CGV +3.8%) signs an MOU with Saudi Aramco for collaborative research and development of geophysical acquisition, processing, analysis and interpretation technologies. CGV also will begin acquiring a fourth repeat survey on the North Sea Ekofisk field as part of a program for which it was awarded seismic data acquisition and processing.