Sercel announced today the delivery of a 25,000-channel 508XT land seismic acquisition system and 15 Nomad 65 Neo broadband vibrators to Algeoland, Algeria’s leading private geophysical company.
CGG GeoSoftware has donated its Jason and HampsonRussell seismic reservoir characterization software suites to Delft University of Technology (TU Delft) in the Netherlands.
Following the press release from December 4, 2017 in which CGG announced the launch of the search for a new CEO, to replace Mr Jean-Georges Malcor, who has decided not to pursue his mandate once the restructuring process is completed; the Board of Directors, after its March 23 meeting, announces the appointment of Mrs Sophie Zurquiyah as CEO. This nomination should be effective at the end of the annual general meeting to be held on April 26, 2018.
CGG has commenced acquisition of a large broadband 3D multi-client survey in the pre-salt area of the deepwater Santos Basin. Santos VIII is the most recent survey in CGG’s vast on-going pre-salt program that delivers ultramodern seismic data, enabling exploration companies to better evaluate pre-salt opportunities in advance of Brazil’s pre-salt licensing rounds.
CGG board following the March 8 meeting, announces
2017 Q4: Rebound in Revenue and Positive Operating Income
CGG announced today that Sercel has sold one of its new Sentinel® HR high-resolution solid streamers to the Alfred Wegener Institute (AWI), a German research foundation specializing in polar and marine research in the Arctic and Antarctic.
CGG announces that on 21 February 2018 it finalized the implementation of its financial restructuring plan, which meets the Company’s objectives of strengthening its balance sheet and providing financial flexibility to continue investing in the future.
CGG GeoConsulting and the Petroleum Corporation of Jamaica (PCJ) have announced the discovery of two independent live oil seeps from different parts of the island of Jamaica. This significant find marks the first documented occurrence of ‘live’, or flowing, oil from onshore Jamaica and will be of particular interest to oil explorationists focused on Central America and the Caribbean.