Newsroom

Quarterly EBITDA boosted by solid multi-client sales; 2017 Market outlook unchanged; Focused on the swift delivery of our financial restructuring...

CGG and SELARL FHB, represented by Me Hélène BOURBOULOUX, in her capacity as judicial administrator appointed as such by a ruling of the commercial court of Paris dated 14 June 2017.

CGG today announced that its interim report for the period ending June 30, 2017 and its Form 6-K for the second quarter and first half of 2017 were filed with the Autorité des Marchés Financiers (AMF) and the SEC on July 28, 2017 respectively.

CGG announced today the completion of an extension of its Santos VII broadband 3D multiclient survey offshore Brazil. The 1,867 sq km extension to the original footprint gives CGG a total of almost 16,000 sq km of newly acquired and imaged pre-salt coverage.

CGG GeoSoftware has donated a full suite of its software technologies to the Petroleum Learning Centre, a joint educational project of Tomsk Polytechnic University in Russia and Heriot-Watt University in Scotland.

CGG announced today the award by Petrobras of a contract to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2180 km² in Brazil’s deepwater Santos Basin.

On June 14, 2017, CGG S.A. (“CGG”) announced (i) the execution of a lock-up agreement dated June 13, 2017 (the “LUA”) with certain of its key financial creditors in support of its proposed financial restructuring plan (the “Financial Restructuring”) and, in connection therewith, (ii) the opening of a Sauvegarde proceeding in France (and concurrent Chapter 11 and Chapter 15 filings in the U.S.).

On June 14, 2017, CGG SA announced that, following the execution of a lock-up agreement with certain of its financial creditors and a restructuring support agreement with one of its significant shareholders, both in support of a comprehensive financial restructuring plan...

CGG announced today that PTT Exploration & Production Public Company Limited (PTTEP) has renewed its contract for the dedicated processing center (DPC) CGG has been operating in Bangkok on its behalf since November 2013.