WesternGeco exiting seismic acquisition businessWesternGeco is exiting the business of marine and land seismic acquisition. This was revealed by its parent company Schlumberger which said that WesternGeco did not meet return expectations going forward.Schlumberger Chairman and CEO Paal Kibsgaard said:”With the significant changes seen in customer priorities and buying habits in recent years, we have also continued to evaluate the present and future return prospects for all of our product lines, as w
Source: WesternGeco exiting seismic acquisition business | Offshore Energy Today