At the Annual General Meeting on May 15, 2024, shareholders approved the resolution to change the company’s corporate name from CGG to Viridien.
Sophie Zurquiyah, CEO, Viridien, said: “Our new name, Viridien, connects our company’s history to our future, confidently positioning us for accelerated growth as an Advanced Technology, Digital and Earth Data Company.”
To further support its growth strategy, the company will launch the new Viridien brand on 10th June at the upcoming EAGE Annual Conference in Oslo, further strengthening its focus across a portfolio of solutions including the Core businesses of Geoscience, Earth Data and Sensing & Monitoring, as well as new offerings in both the Low Carbon markets of Minerals & Mining and CCS, and markets beyond energy in High-Performance Computing (HPC) and Infrastructure Monitoring.
CGG was founded in 1931, and over its 93-year history the company pioneered the advance of many geoscience and data science technologies. Reflecting back and looking ahead, CGG had this to say about its evolution: The increasing global energy demand, a growing awareness of the need to take care of our planet, and the accelerating capabilities of digital technology are driving transformational changes across society. These changes and their associated challenges and opportunities make the technology, data, and expertise that we have developed over our history more relevant than ever.
Based on this, our CGG brand did not fully reflect who we are today and want to be in the future. Changing our brand name to Viridien enables us to further advance our core business capabilities and accelerate the growth of our new businesses. Together, these will enhance the value we can deliver to our customers, through our leading-edge Geoscience technology, HPC capabilities, differentiated Earth Data offerings, and Sensing and Monitoring solutions.
We are proud of the innovations and service excellence that we have honed over the decades to address our clients’ specific needs, and look forward to working with them as Viridien, to continue solving their complex challenges, efficiently and responsibly.
Our new brand will be unveiled starting 10th June, coinciding with a launch at the 2024 EAGE Annual Conference in Oslo. We are excited to share this momentous event with you! If you’re at the conference, please visit our EAGE booth, and keep an eye out for social media updates and the launch of our new website on this historic day!