Petrobras & CGGVeritas sign TCA and Launch the CGGVeritas Rio Technology Center
Claudio Paschoa
June 18, 2010
This new technical cooperation agreement between Petrobras and CGGVeritas highlights the importance of geophysical studies to the future of O&G exploration in Brazil.CGGVeritas has announced that it has signed a Technology Cooperation Agreement (TCA) with the Brazilian O&G player, Petrobras, for the collaborative development and implementation of new technologies in Geophysics. The TCA sets the framework for collaborative research projects between Petrobras and CGGVeritas over a three-year time period in specific areas such as 4D seismic processing, imaging and reservoir geophysics. These research projects will be conducted at a recently opened CGGVeritas Technology Center in Rio de Janeiro.