CGG sells its physical asset storage and services business

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(AOF) – CGG has finalized the sale of the physical storage assets and associated services of its Smart Data Solutions business to Oasis Group and Access Information Management Corporation. The amount of the transaction was not disclosed. 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, which have worked together for a long time, will continue to provide services to international clients on a global scale.

Sophie Zurquiyah, CEO of CGG, said: “Focused on records and information management, Access and Oasis will be able to extend and develop the physical asset storage and service offerings of Smart Data Solutions and to better meet future customer needs. “

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