France-based CGG and Dutch CO2 storage specialist C-Questra have signed a commercial cooperation agreement for carbon capture, utilization, and sequestration (CCUS) projects.
CGG has more than 15 years of experience supporting a number of high-profile CCUS projects worldwide, while C-Questra is a company company founded in 2023, specializing in the field of CCUS from emission sources to sequestration sites.
According to the agreement, CGG intends to provide expertise and technological support to C-Questra to accelerate the development of certain carbon storage projects.
"The purpose of the cooperation agreement is quite simply to go much faster. CGG contributes human and technological resources, while C-Questra implements the projects, particularly in France, by leveraging the combined expertise and experience of our technical teams that span almost 100 years,” said Walid Sinno, CEO of C-Questra.
"Carbon storage is one of the key processes in the energy transition and CGG is continuing to diversify in this area where we bring real know-how and cutting-edge technologies. After concluding several projects and agreements in 2023, CGG is looking to accelerate the deployment of its offerings in 2024,” Sophie Zurquiyah, CEO of CGG, added.
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