Vietnam: Marine seismic joint venture set

CGGVeritas has signed a term sheet with Petrovietnam Technical Services Corp. to create a joint venture to operate 2D and 3D marine seismic vessels, primarily in Vietnamese waters.

Dec. 16, 2010

By OGJ editors
HOUSTON, Dec. 16 – CGGVeritas has signed a term sheet with Petrovietnam Technical Services Corp. to create a joint venture to operate 2D and 3D marine seismic vessels, primarily in Vietnamese waters.

The joint venture will provide seismic data acquisition services for the oil and gas clients operating locally in Vietnam and the region.