CGG announces that it has reached an agreement in principle on a financial restructuring plan (the “Agreement in Principle”) which meets the Company’s objectives of (i) full equitization of the existing unsecured debt, (ii) extension of the maturity of the secured debt and (iii) financial flexibility to confront various business scenarios through...
CGG GeoConsulting announced today that it has been awarded a contract to supply digital well products to the Oil & Gas Authority (OGA), the UK Government industry regulator, as part of a wider tender for comprehensive subsurface databases and information sources to encourage further exploration in underexplored areas of the UK Continental Shelf (UKCS).
CGG’s Multi-Physics business line has launched its Multi-Physics Imaging group, consolidating its recognized expertise in multi-physics data processing and interpretation, trusted technical consulting services and specialized commercial software development into a single global team.
CGG announced today the extension, until the end of 2021, of its contract with Petroleum Development Oman (PDO) for the provision of subsurface imaging technology and services at its dedicated processing center (DPC) in Muscat.
On March 3, 2017, CGG S.A (“CGG” or the “Company”) entered into a financial restructuring process with the aim of significantly reducing debt levels and related cash interest costs to align them with its cash flows.
Year-on-year stable EBITDA in a traditionally low seasonal quarter; Balance Sheet: proactive debt management; Financial restructuring: dedicated communication...
CGG announced that its Document de référence and report on Form 20-F for 2016 were filed today with the Autorité des Marchés Financiers (AMF) and the SEC respectively...
CGG announced today the completion of state-of-the-art reservoir-oriented seismic processing and imaging for its Fort Trinidad 3D multi-client survey in Houston County, East Texas. The data is now available for license.
CGG GeoConsulting announced today the launch of Provenance, a ground-breaking integrated global sediment provenance database, tool and knowledgebase. Explorers can use the database to help make meaningful interpretations on clastic reservoir distribution and quality.