Xcalibur completes the acquisition of all businesses and assets of CGG Multi-Physics

Xcalibur completes the acquisition of all businesses and assets of CGG Multiphysics. Xcalibur is a leading provider of airborne geophysical surveys with offices in Spain, South Africa, and Colombia. Since 2002, Xcalibur has been a pioneer in the execution of low-level ultra-high resolution airborne magnetic and radiometric surveys and is an active member of the International Airborne Geophysics Safety Association (IAGSA). The company is now engaged in the execution of several large mapping projects in Africa, the Middle East, and South America. CGG Multiphysics, a business division of CGG, has been worldwide leader in Gravity Gradiometry and Electromagnetics, with offices in North America, Australia, and South America.

The new combined group will be named Xcalibur Multiphysics (xcaliburmp.com) becoming worldwide leader in provision of specialized airborne and marine geophysical services for private and government clients in the mineral, petroleum, and environmental sectors. Xcalibur Multiphysics will now be able to offer these services on a global basis with offices located in North and South America, Europe, Africa, and Australia.

Services portfolio will be the largest available in the market, using advanced technologies for Magnetics and Radiometrics, Gravity Gradiometry and conventional Gravity, and Electromagnetics, all of them supported on fixed-wing and helicopter platforms. In addition, the company will offer Marine Gravity and Magnetics, specialized Modelling software for the Oil &Gas industry, remote sensing, and data interpretation services.

Xcalibur Multiphysics will be uniquely positioned to take advantage of the projected increase in the exploration activities due to the surge in demand for minerals resources and underground water, related to the energy transition, green energies, and sustainability challenges, and will continue with its commitment to innovation with several major R&D projects being undertaken including applications of Artificial Intelligence and Machine Learning in natural resources sustainable exploration.