ophysique s.a. type soci t anonyme traded as euronext cgg nyse cgg industry oil services founded 1931 headquarters tour montparnasse paris france area served global key people remi dorval chairman jean georges malcor ceo products geophysical services revenue 2 101 billion 2015 1 operating income 19 million 2015 1 profit 269 million 2015 1 total assets 5 513 billion end 2015 1 total equity 1 312 billion end 2015 1 number of employees 7 000 end 2015 2 website www.cgg.com a major contributor to this article appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . february 2016 learn how and when to remove this template message cgg originally an acronym for compagnie g n rale de g ophysique is a french based geophysical services company founded in 1931 . cgg is a fully integrated citation needed geoscience company providing leading citation needed geological geophysical and reservoir capabilities to its broad base of customers citation needed primarily from the global oil and gas industry . through its three complementary businesses of equipment acquisition and geology geophysics & reservoir ggr cgg brings value citation needed across all aspects of natural resource exploration and exploitation . contents 1 history 1.1 cgg 1.2 veritas dgc 2 organization 2.1 equipment 2.2 acquisition 2.3 geology geophysics & reservoir ggr 3 see also 4 notes 5 external links history edit cgg edit in 1926 conrad schlumberger and his brother marcel schlumberger formed soci t de prospection electrique spe which specialized in oil and coal exploration as well as civil engineering . in march 1931 spe and soci t g ophysique de recherches mini res sgrm both specialists in seismology and magnetometry merged into la compagnie g n rale de g ophysique . sgrm provided 5 000 000 francs of capital and cgg capital of 120 000 francs . in his premises at 30 rue fabert in paris conrad schlumberger decided to transfer the subsurface business to cgg while spe retained the logging . at the same time raymond maillet from sgrm was appointed president of cgg . the first two years of business for cgg were shaky . near surface surveys hydrology mining and civil engineering and oil exploration were not enough to break even in a period when oil was worth 10 cents a barrel . in 1966 cgg opened its first seismic data processing center in massy france . veritas dgc edit veritas energy services a geophysical services company was established in 1974 in calgary canada with the purchase of rafael b. cruz and associates ltd. by david b. robson . meanwhile digital consultants inc. had been established in houston texas in 1965 with a vision to apply digital computing to the geophysical industry . in 1969 digital consultants reincorporated as digicon inc. dgc becoming a public company on the american stock exchange . in 1996 veritas dgc was formed from the merger of veritas and digicon . organization edit equipment edit cgg s equipment business sercel offers a full spectrum of systems sensors and sources for seismic acquisition and downhole monitoring . citation needed oilfield service companies and geophysical contractors use our who equipment in the world s most challenging environments onshore offshore downhole and on the seabed . citation needed acquisition edit cgg has the full range of data acquisition capabilities to conduct all types of geophysical surveys large or small onshore offshore and in the air . citation needed we who are unique citation needed in being able to provide seamless coverage with a wide portfolio of seismic and geophysical methods in any environment . citation needed geology geophysics & reservoir ggr edit cgg offers innovative thinking citation needed region specific expertise citation needed and game changing technology citation needed to deliver high impact integrated solutions across the e & p chain . citation needed as a recognized pioneer in geophysics for over 80 years citation needed cgg remains at the forefront of advanced subsurface imaging citation needed to help clients overcome their increasingly complex challenges . citation needed cgg offers a full spectrum of consulting and software solutions for geology geophysics and reservoir applications . citation needed cgg also offers high end seismic gravity magnetic well geologic and satellite multi client data and studies in the world s most prospective regions . citation needed the efficient and integrated management of geological geophysical and reservoir data is key to successful and prompt decision making . citation needed cgg brings together the full breadth of skill development programs to provide the e & p industry with comprehensive geoscience learning path programs . citation needed . see also edit companies portal list of oilfield service companies notes edit a b c d e annual report 2015 pdf . cgg . retrieved 5 feb 2016 . end of 2015 financial update pdf . cgg . retrieved 5 feb 2016 . external links edit official website v t e cac next 20 companies of france air france klm arkema bureau veritas casino guichard cgg dassault syst mes edenred eurotunnel herm s gemalto kl pierre lagard re natixis scor ses sodexo suez environnement thales valeo wendel v t e petroleum industry petroleum primary energy benchmarks argus sour bonny light brent dubai indonesian isthmus 34 light japan cocktail opec reference basket tapis urals western canadian select west texas intermediate data natural gas consumption production reserves imports exports price petroleum consumption production reserves imports exports price of gasoline and diesel exploration core sampling geophysics integrated asset modelling petroleum engineering reservoir simulation seismic to simulation petroleum geology petrophysics reflection seismology seismic inversion seismic source drilling blowout completion squeeze job differential sticking directional drilling geosteering drilling engineering drilling fluid invasion drill stem test lost circulation measurement tracers underbalanced drilling well logging production petroleum fiscal regime concessions production sharing agreements artificial lift pumpjack submersible pump esp gas lift downstream enhanced oil recovery eor steam injection gas reinjection midstream petroleum product pipeline transport refining upstream water injection well intervention xt history 1967 oil embargo 1973 oil crisis 1979 energy crisis 1980s oil glut 1990 oil price shock 2000s energy crisis 2010s oil glut founders history of the petroleum industry nationalization opec seven sisters standard oil oil market timelines provinces and fields list of natural gas fields list of oil fields east midlands oil province east texas gulf of mexico niger delta north sea persian gulf prudhoe bay oil field russia venezuela western canadian sedimentary basin other topics acronyms peak oil mitigation timing people petrocurrency petrodollar recycling shale gas swing producer unconventional oil heavy crude oil sands oil shale companies and organisations major petroleum companies supermajors bp chevron conocophillips exxonmobil royal dutch shell total national oil companies adnoc uae cnooc china cnpc china ecopetrol colombia gazprom russia iraq national oil company indian oil corporation kuwait petroleum corporation lotos poland nigerian national petroleum corporation nioc iran nisoc iran ogdcl pakistan ongc india pdvsa venezuela pkn orlen poland pemex mexico pertamina indonesia petrobras brazil petrochina petronas malaysia petrovietnam ptt thailand qatar petroleum rosneft russia saudi aramco saudi arabia sinopec china socar azerbaijan sonangol angola sonatrach algeria statoil norway ypf argentina energy trading glencore gunvor mercuria naftiran intertrade trafigura vitol other anadarko apache bg group cenovus energy compa a espa ola de petr leos devon eni galp energia hess husky energy imperial oil lukoil marathon oil nippon oil occidental omv port harcourt refining company reliance industries repsol suncor energy surgutneftegas tnk bp tullow oil t pra major services companies amec foster wheeler baker hughes cameron cgg ch2m hill chicago bridge & iron company china oilfield services enbridge ensco ge oil & gas halliburton naftiran intertrade national oilwell varco petrofac saipem schlumberger snam subsea 7 technip transcanada transocean weatherford wood group other international association of oil & gas producers international energy agency international petroleum exchange opec society of petroleum engineers world petroleum council category commons retrieved from https en.wikipedia.org w index.php title cgg company & oldid 743548846 categories cac next 20engineering companies of francegeophysical companiesoilfield services companiesoil companies of franceconstruction and civil engineering companies established in 1931non renewable resource companies established in 19311931 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