CGG: finalization of an asset sale to OASIS and Access


(CercleFinance.com) – The geosciences group CGG announces the finalization of the sale of the physical storage assets and associated services of its Smart Data Solutions activity to OASIS Group and to Access Information Management Corporation.

The transaction includes seven dedicated storage and service sites that hold data and samples of rocks and fluids from certain customers. Access acquired the three North American sites and OASIS the four European sites.

‘Access and OASIS will be able to extend and develop Smart Data Solutions’ physical asset storage and service offerings and better meet future customer needs,’ comments Sophie Zurquiyah, CEO of CGG.

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