KEYFACT Energy
CGG announced today that it has entered into a Sale and Purchase Agreement (SPA) with Xcalibur Group for the sale of CGG’s Multi-Physics business.
The SPA provides for the sale of CGG’s entire Multi-Physics business, except its multi-client library, and is subject to approval by the competent regulatory authorities.
The closing of this transaction is expected in Q4 of this year.
KeyFacts Energy Industry Directory: CGG