The joint venture will provide marine seismic data acquisition services for oil and gas clients operating locally in Indonesia and the region.

CGGVeritas will contribute one 4-streamer, purpose built in Singapore, vessel, to the joint venture.

CGGVeritas CEO Jean-Georges Malcor said that the company is pleased to sign this joint venture with Elnusa, our long term partner in Indonesia.

"The offshore Indonesian market is very promising and the company is confident that together they will best address their client’s exploration and production challenges through this new joint venture," Malcor said.