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Shearwater GeoServices and CGG suspend partnership talks

Shearwater GeoServices and CGG have jointly agreed to suspend negotiations regarding a technology partnership. The two companies announced a plan in June for the establishment of a marine streamer technology partnership. Shearwater said the suspension is due to the downturn in the oil and gas industry, triggered by the COVID-19 pandemic.

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Shearwater GeoServices and CGG have jointly agreed to suspend negotiations regarding a technology partnership. The two companies announced a plan in June for the establishment of a marine streamer technology partnership. Shearwater said the suspension is due to the downturn in the oil and gas industry, triggered by the COVID-19 pandemic.

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