French seismic contractor, CGG, has signed an agreement with GNPC Operating Services Company (GOSCO), an independent Ghanaian E&P services company, to form a joint venture company dedicated to conducting 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of the Republic of Ghana.
The primary aim of the joint venture company, known as GOSCO Geoscience Limited (GGSL), is to provide seismic vessels and marine seismic acquisition technologies and services to oil and gas industry players operating in Ghana.
The new joint venture will be a Ghanaian indigenous company and be based in Accra.
Jean-Georges Malcor, CEO, CGG, said: “We have joined forces with GOSCO to set up this joint venture as a response to recent growing industry interest in Ghana’s oil and gas potential. This move is another example of CGG’s strategy to work in partnership with local oil and gas players to benefit from their experience of working in the country while bringing them the benefit of CGG’s global expertise as a leading technology provider. We believe this joint venture will create a strong vehicle for growth in Ghana’s E&P industry.”