CGG — Regulatory Filings 2021

Nov 25, 2021

CGG Delivers New Multi-Client Screening Study for CO2 Storage Sites in UK and Norway Northern North Sea

Paris, France – November 25, 2021

CGG has released a new GeoVerse™ Carbon Storage screening study to support CCUS operators in quickly identifying suitable CO2 storage sites. This Northern North Sea study, available for license, provides an in-depth review of potential CO2 storage plays in a region extending over CGG's North Viking Graben 3D seismic dataset, including areas in both UK and Norwegian waters.

Sophie Zurquiyah, CEO, CGG, said: "Our GeoVerse Carbon Storage screening study is part of a new suite of products that will support the energy transition through capitalizing on CGG's wealth of geoscience know-how and data science expertise, which includes over 130 geothermal projects and support for the Sleipner, Troll, Weyburn, Pembina and Gorgon CCUS projects. These new GeoVerse products will address a wide spectrum of applications, from geothermal resource assessment, through critical mineral exploration, and carbon sequestration."

Leveraging CGG's unique well, seismic and interpretation products, the GeoVerse Carbon Storage screening study applies a proprietary play-scale screening methodology developed by CGG's CCUS experts and data scientists to identify and de-risk potential carbon storage sites. The resulting Storage Play Quality Index maps are delivered through the GeoVerse platform and provide key information for the evaluation of capacity, injectivity and containment at play scale.

About CGG

CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).

Contacts

Group Communications & Investor Relations Christophe Barnini Tel: + 33 1 64 47 38 11 E-Mail: christophe.barnini@cgg.com