CGG closes seismic equipment acquisition
  by: OilOnline
  Wednesday, January 07, 2004

Compagnie Generale de Geophysique announced that on January 2, 2004 its wholly owned subsidiary Sercel finalized the acquisition of the seismic equipment business of Thales Underwater Systems (TUS), as previously announced on December 11, 2003. Principally located in Australia, this business includes the development and manufacturing of surface marine seismic acquisition systems, particularly solid streamers, and seabed marine seismic acquisition systems.