FAQs

What is IGSS?

IGSS is a leading pure-play land and transition zone seismic company servicing clients primarily in Russia, including East Siberia, Timano-Pechora, Yamalo-Nenets and Volga-Urals provinces. IGSS also operates in the CIS, including Uzbekistan and Kazakhstan.

Building on the combined strengths of our former parent companies, Integra and Geotech, and our shareholder, Schlumberger, we offer high-quality seismic acquisition, data processing and interpretation services.

Other key factors driving IGSS operations and activities include our diversified client base and our strong relationships with key clients in Russia.

When was IGSS established?

IGSS emerged in its current form on December 30th 2011. It is the result of the integration between IG Seismic Services and Integra Group with the seismic business of Geotech Oilfield Services Holding. IGSS also draws upon the experience of Schlumberger, its minority shareholder, whose former Russian subsidiaries now also form part of IGSS' group.

The combination created Russia’s largest geophysical and seismic company – and one of the biggest in the world.

IGSS can call on over 70 years of experience. The oldest companies within the group have been leading the field services sector since 1941.

Who are the key shareholders of IGSS?

The IGSS shareholder structure, as of December 2015:

Nikolay Levitskiy: 25,82%
Remwill Trade Limited: 15% - 1 share
SBC Geofizika LLC: 15%
Schlumberger Oilfield Holdings Limited: 12%
Industrial Investors Group: 7,78%
Institutional and private investors : 24,4%

For more information about the IGSS shareholders structure, click here.

What is the number of ordinary shares issued and what is the nominal value of each share?

IGSS’ issued share capital comprises US$208,334. This consists of 20,833,400 shares, each of which are fully paid and have a par value of US$0.01 per share

How often does IGSS release its operational and financial results?

IGSS discloses its operational and financial results on a semi-annual basis.

Who is the auditor of IGSS?

Our independent auditor is PricewaterhouseCoopers

Who is on the board of IGSS?

For information on the IGSS Board of Directors, click here.

Who is managing IGSS?

For information on the IGSS executive management, click here.

What are IGSS’ main divisions?

IGSS has two main divisions:

  • Field Seismic Works

Seismic data acquisition is a method of exploration geophysics which uses the principles of seismology to estimate the principles of the Earth’s subsurface from reflected seismic waves. The oil and gas industry uses seismic survey surfaces to map and interpret potential and confirmed oil and gas reservoirs.

Click here for further information.

  • Geophysical Data processing and Interpretation.

Once acquired, the seismic data is manipulated into a dataset. This can be used to infer the subsurface structure and produce visual outputs. Once the data has been processed by geophysicists and engineers, it is subject to interpretation by experienced professional who use it to draw conclusions about the geology of the surveyed area.

Click here for further information.

Which countries does IGSS currently operate in?

IGSS currently operates in:

  • Russia
  • Kazakhstan
  • Uzbekistan
  • India

How many employees does IGSS have?

As of 31 December 2015 the Company employed 10,837 employees.

What have been the key events in the history of IGSS and its predecessors?

To discover the history of IGSS and its executive management, click here.

What is the postal address of IGSS?

Cyprus:

IG SEISMIC SERVICES LIMITED
NBC (Nicosia) BUSINESS CENTER
33 Neas Engomis, 2409 Nicosia, Cyprus

Russia:

12/16 B. Savvinsky pereulok, 5th entrance, 5th floor
Moscow, Russia, 119435

Kazakhstan:

3, Atyrau Micro-district, 050019,
Almaty, Kazakhstan

What are the contacts for IGSS’ Investor Relations team?

Phone:  +7 (495) 580 7882
E-mail: query@igseis.com