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Press Release

Sercel Launches Sentinel HR

Paris, France | Apr 4, 2017

CGG announced today that Sercel has launched Sentinel® HR, a high-resolution solid streamer designed to meet the specific imaging needs of shallow-target applications, such as oceanology, civil engineering and reservoir characterization, as well as high-resolution 3D (HR3D) seismic surveys for detailed mapping of geological features.

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GeoConsulting Awarded Geoscience Study by KGOC

Paris, France | Mar 30, 2017

CGG announced today that it has been awarded a multi-year integrated geoscience study by Kuwait Gulf Oil Company (KGOC) to identify resource growth potential in the onshore Partitioned Zone (PZ).

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Charter rate reduction of operated fleet

Paris, France | Mar 24, 2017

Reflecting its commitment to focus on competitiveness and strict operational and financial costs management, CGG is pleased to announce that it has agreed in principle with its longstanding partner Eidesvik and its Nordic lenders to establish a new ownership set-up for its operated fleet.

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Reduction of Oceanic Champion vessel charter cash costs

Paris, France | Mar 14, 2017

Reflecting CGG’s commitment to focus on strict cost and cash management and in line with the agreements announced on January 23, 2017 regarding three vessels (involving the issuance of $58.6 million of senior notes), CGG and CGG’s Norwegian subsidiary Exploration Investment Resources II...

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Execution of Supplemental Indentures

Paris, France | Feb 23, 2017

On February 6, 2017, CGG S.A. (“CGG”) announced a consent solicitation in respect of its Senior Notes (the “Notes Solicitation”). The purpose of the Notes Solicitation was to permit CGG to amend the indentures in respect of the Senior Notes to provide CGG the option to request the appointment of a ‘mandataire ad hoc’...

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