JV Partnership

Petroleum Edge

CGG Robertson and Wood Mackenzie have joined forces to create Petroleum Edge Limited. This joint venture partnership combines the industry's leading geoscience and commercial valuation data to provide unique workflow solutions for our clients in the exploration business.

EV2 (EV squared) is the first product to be launched from the joint venture, and provides a view of future exploration volume and value at a block level, based on the CGG Robertson geoscience and Wood Mackenzie commercial valuation data. What is really unique about EV2 is that users are able to load in their own view of the geology and economics and re-run the numbers to return multiple exploration scenarios.

The team is comprised of both Wood Mackenzie and CGG Robertson employees seconded full time to Petroleum Edge, with support and expertise provided by Wood Mackenzie's Regional Analysts and CGG Robertson geologists across the full range of disciplines.

CGG Robertson (www.cgg.com)

CGG is a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary business divisions of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), CGG brings value across all aspects of natural resource exploration and exploitation. CGG employs 8,500 people around the world, all with a Passion for Geoscience and working together to deliver the best solutions to its customers. Robertson was part of the acquisition from Fugro and is part of CGG’s GeoConsulting business line.

Wood Mackenzie (www.woodmac.com)

As a global leader in commercial intelligence for the energy, metals and mining industries, Wood Mackenzie provides objective analysis and advice on assets, companies and markets, giving clients the insight they need to make better strategic decisions. Wood Mackenzie offers a powerful combination of: robust proprietary data, expert, knowledgeable and collaborative people, integrated analysis and advice. With robust proprietary data and models Wood Mackenzie can forecast and value with confidence and provide clients with strategic advice that they trust. Its global teams of experts rigorously evaluate the data, ensuring an unrivalled depth of understanding of our chosen markets. Its consultants work directly with clients to address their business challenges.