Flagship sails off (October 1999)

Compagnie Générale de Géophysique (CGG) has spun-off all its activities in the field of oil & gas data interpretation software into a new subsidiary The Flagship Group.

CGG’s first upstream software, Integral appeared in 1984. More recently the appearance of Stratimagic brought a new paradigm to E&P software with the productizing of licensed oil company developed technology. Stratimagic plugs and plays with industry standard frameworks such as OpenWorks and GeoFrame. Stratimagic’s success led to the founding of a Houston-based unit, focused on the growing software business.


The new Flagship Group is to house CGG’s entire software publishing business, with 110 employees world-wide. This includes development teams in France and Calgary (previously GeoNexus). "The operational autonomy granted to this new subsidiary will allow it to further increase the quality of its services and the market focus of its products" says Thierry Le Roux, Senior Executive Vice-President for the Products Division of CGG, and chairman of the Board of the Flagship Group. More from www.flagshipgeo.com

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