CGGVeritas, a global provider of geophysical services and equipment, today opened its state-of-the-art regional headquarters and data processing and imaging centre in Singapore. The event was officiated by the Minister of State for Trade & Industry, Mr. Lee Yi Shyan.

The decision to build the new Asia-Pacific headquarters in Singapore underpins CGGVeritas’ long-term commitment to its businesses in the region. With the fast-developing economies of Asia-Pacific and the increasing demand for natural resources, the location is strategic for CGGVeritas to serve its clients and better position the company to strengthen its business in the regional oil and gas markets.

The new four-storey building has been built to CGGVeritas specifications in partnership with Ascendas, a premier provider of business space solutions and a subsidiary of JTC Corporation, Singapore’s largest industrial landlord. The facility is located at Serangoon North Avenue 5, occupies 50,000 sq metres of industrial land, and took a year to complete.

The facility was designed with an open plan work environment to encourage teamwork and collaboration. CGGVeritas now employs 220 staff in Singapore, from over 10 nationalities, and foresees increasing its staff strength by 10 to 15% by year-end. The company has been in Asia-Pacific and Singapore for 37 years and is proud of its many long-service staff.