CGG and C-Questra Sign CCUS Cooperation Agreement

Paris, France | Jan 9, 2024

CGG, a global technology and HPC leader, and C-Questra, an independent European operator specializing in the CO₂ storage value chain, have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS).

CGG has more than 15 years of experience supporting a number of high-profile CCUS projects worldwide. It offers unique industrial know-how and technological resources throughout the CCUS lifecycle: from the transformation of legacy datasets and the initial screening of potential storage sites to the planning for and then monitoring of CO₂ injection operations.

C-Questra is a European technology company founded in 2023, specialising in the field of CCUS from emission sources to sequestration sites, whose founders and technical team have recognised experience in CO₂ sequestration.

CGG intends to provide expertise and technological support to C-Questra to accelerate the development of certain carbon storage projects.

Walid Sinno, CEO, C-Questra, said: "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."

Sophie Zurquiyah, CEO, CGG, said: "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."