Peter Whiting, Executive Vice President, Geoscience, CGG, said: “CGG shares a strong commitment with Baker Hughes to actively support low-carbon markets with new technologies and business capabilities in carbon capture and storage. CCS is a high-growth market that is expected to play an important role in dealing with CO2 emissions. By combining the considerable expertise and complementary technologies of the two companies in the CCS arena, operators will benefit from more efficient and cost-effective solutions from two trusted market leaders.
“The combination of Baker Hughes and CGG subsurface and surface capabilities will provide our customers in CCS an unmatched support to de-risk technical and economic challenges from strategy to CO2 storage site construction, and lifetime monitoring,” added Ahmed Eldemerdash, Vice President of Oilfield Services and Equipment, New Energies at Baker Hughes. “This alliance brings to bear fully complimentary skillsets throughout the CCS value chain.”
