A Favorable Environment for Seismic Growth E&P spending is expected to strengthen in 2012 leading to: Increased geophysical activity The progressive absorption of marine overcapacity More favorable pricing Increasing demand for…
CGGVeritas: A Fully Integrated Seismic Provider... 2011 Revenue Breakdown Equipment: Sercel, the industry leader 15% 28% Leadership based on technology and installed base 14% 3.2B Excellent financial performance expected to…
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2011 Free Cash Flow Above Expectations 2011 Group revenue up at 3.2 billion Group revenue grew 10% despite the continued challenging marine marketplace, unrest in North Africa and the Middle East, and the measured recovery in the Gulf…
2011 A Year of Operational Improvement Fleet Performance Plan on Schedule The Champion, undergoing major upgrade, returns to operations in Q2 2012 The X-BOW Oceanic Sirius was delivered in October, 2011 Following the performance plan,…
2011 A Year of Differentiation BroadSeis A commercial success Broader is Better BroadSeis take-up continues to accelerate All vessels equipped for BroadSeis in 2012 Conventional Data BroadSeis 7
Marine: Fleet Upgrade & Future Outlook 2 to 4 streamers 8 streamers 10 streamers 2/3D Princess Pacific Finder Amadeus Viking II Vantage Viking 12+ streamers Oceanic Vega Oceanic Endeavour Aliz Vanquish Challenger…
Sercel: Outlook - market expected up 10% Operating Margin 32% 31% Increasing resolution for geologic detail 22% 29% land marine 1,209 Accelerating demand for mega crews in Middle East 1,142 Increasing channel counts worldwide…
Services Outlook market expected up 10% to 15% Marine acquisition Prices and utilization should progressively strengthen, with impact expected as early as the second quarter BroadSeis solution continues to gain acceptance Land…
2012 Marine Acquisition Perspectives Total Number of Streamers Supply 800 716 Vessel capacity expected to increase 4% 700 654 604 Market evolution towards high-capacity 600 530 12+ streamer vessels 500 336 406 412 258 412 184…
2012 Offshore Multi-Client Perspectives Central Gulf of Mexico lease sale confirmed for June 20 and 5 years plan released Sales and outlook strengthening Commercial activity growing ahead of Brazil bid rounds Progressive…
2012 Land Perspectives Increasing demand for mega crews for reservoir delineation & production, especially in the Middle-East Recent large contract awards Shallow water & OBC market very active Recent large contract award…
2012 Processing, Imaging and Reservoir Perspectives Strong market conditions extend into 2012 Dramatic increase in data volumes and intensity in both Land & Marine Increasingly complex subsurface geological challenges Demand for…
2012 Perspectives: Growth and Performance We continue to pursue our 2011-2012 performance plan The two year program is expected to achieve the targeted 150 million additional operating income by the end of 2012 To further strengthen…
2012 Perspectives: Growth and Performance In the context of increasing global seismic demand together with our performance plan, 2012 should be a year of growth and strengthening performance across all activities Group revenue is…
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