(EnergyAsia, January 25, Friday) — CGGVeritas, a global provider of geophysical services and equipment, has opened a US$55 million state-of-the-art regional headquarters in Singapore.

The facility at Serangoon North will be the company’s Asia Pacific headquarters and will house its data processing and imaging hub which has been described as the largest and most powerful computer facility in Singapore.

Large volumes of seismic data will be processed around the clock to support exploration and production projects in the region. The visualisation centre will translate the processed seismic data into 3D graphic representations of the Earth’s subsurface to provide insight into the production potential of oil and gas reservoirs.

The site will also be the region’s Marine Acquisition headquarters which will provide support and maintain the company’s seismic fleet operating throughout the region.

CGGVeritas chairman and CEO Robert Brunck said:

“We chose to open this state-of-the-art headquarters building in Singapore because of the continued growing importance of Asia Pacific to the energy business worldwide and Singapore’s close proximity to major clients in Malaysia, Australia, India, Indonesia, Vietnam, China and throughout the region.

“We are a technologically advanced company and the availability in Singapore of a broad spectrum of highly qualified professionals from all over the world and a robust IT infrastructure makes it an excellent location from which CGGVeritas can best support its Asia-Pacific clients.”

The event was officiated by Singapore’s Minister of State for Trade and Industry, Lee Yi Shyan.
Europe-based CGGVeritas delivers a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.

The company is listed on the Eurolist of Euronext Paris SA and the New York Stock Exchange.