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CGGVeritas has announced that ARGAS, one of its joint ventures with TAQA in the Middle East, has opened a technology centre in Al Khobar, Saudi Arabia. The new facility is an open centre designed to serve the oil and gas community in the Kingdom with a suite of state-of-the-art capabilities and resources.
The facility offers a focal point for both local oil and gas players and researchers from the Earth Sciences Department of the King Fahd University of Petroleum and Minerals to benefit from cooperation with R&D experts to address specific geophysical challenges and high-end processing & imaging technologies, including a visualisation centre, as well as increased access to training from CGGVeritas University.
“Our investment in this Technology Centre is a significant milestone in our long and productive 40-year partnership with TAQA in the Kingdom through our ARGAS joint venture. Our ambition is to locally apply and advance the sophisticated processing algorithms we develop globally in order to unmask the embedded value of the seismic data we have been acquiring here for so many years,” said Robert Brunck, chairman and CEO of CGGVeritas, speaking from the inauguration.
“CGGVeritas will continue to stand by the side of ARGAS to serve Saudi Aramco and their partners in a continuous drive to improve the understanding of reservoirs in Saudi Arabia,”