CGG Company News
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Offshore Gabon Seismic Extended
Monday, January 21, 2019 CGG is collecting more seismic data offshore Gabon. PHOTO SOURCE: CGG
French Oil Services Firm CGG Files For Bankruptcy
Wednesday, June 14, 2017 CGG says it filed for bankruptcy in France and the United States as part of financial restructuring to reduce its debt burden.
CGG Wins DPC Contract in Brunei
Tuesday, February 21, 2017 Geoscience company CGG has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its Seria office in Brunei Darussalam.
CGG Looks to Achieve Financial Restructuring
Thursday, January 05, 2017 French geophysical services company CGG is looking to commence discussions with stakeholders in order to achieve a financial restructuring.
CGG: Final Gabon South Basin Data Sets Now Available
Thursday, December 01, 2016 French geophysical services company CGG announced Thursday that the final data sets from its recent 3D survey in the Gabon South Basin are now available.
CGG Secures Data Collection Programs Offshore Mozambique
Thursday, October 13, 2016 Geoscience company CGG secures an extensive multi-client program from the Instituto Nacional de Petroleo (INP) to acquire seismic data offshore Mozambique.
CGG Completes Phase 1 of Davros 3D Multi-Client Seismic Survey in NWS
Thursday, September 22, 2016 CGG completes Phase 1 of the Davros 3D multi-client seismic survey in the Northern Carnarvon Basin on Australia's North West Shelf.
KrisEnergy Commences 3D Seismic Survey in Block G10/48 ibn Gulf of Thailand
Tuesday, July 19, 2016 KrisEnergy commences 3D seismic survey with the CGG Amadeus in Block G10/48 in the Gulf of Thailand.
Gabon Seismic Survey Dataset 'Way Beyond Expectations'
Wednesday, June 01, 2016 A preliminary ultra-fast-track dataset produced onboard a vessel carrying out a seismic survey offshore Gabon is described as "way beyond expectations" by a major oil company interpreter.
Seismic Firm CGG Delivered 'Satisfactory' Profit during 4Q 2015
Thursday, March 03, 2016 French seismic survey specialist CGG delivers a 'satisfactory level' of profit for the fourth quarter of 2015 in spite of a difficult market environment.
CGG to Commence Survey Offshore Mexico
Monday, February 22, 2016 CGG will commence a multi-client airborne gravity and magnetic survey offshore Mexico next month.
CGG Awarded Colombian 3D Seismic Survey Extension
Wednesday, February 03, 2016 CGG receives an extension to a 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia late last year.
CGG Completes Rights Issue, Says Has Liquidity to Weather Crisis
Wednesday, February 03, 2016 French seismic survey group says it has raised $387 million in a rights issue that should help it weather crisis in oil services.
CGG Conducts Multi-Client Survey Offshore South Africa
Friday, January 22, 2016 CGG commences a multi-client airborne gravity and magnetic survey offshore South Africa.
CGG Reports Decline in Multi-Client Sales
Monday, January 11, 2016 CGG's multi-client sales decline to $242 million in 4Q 2015, from $290 million during the same period last year.
Seabed Solutions Bags $125M Deal from ADNOC for Ghasha-Butini Field Survey
Tuesday, July 28, 2015 Seabed Geosolutions bags $125 million contract with Abu Dhabi National Oil Company for survey over the Ghasha-Butini field off the United Arab Emirates.
CGG Secures TPDC Data Acquisition Contract
Tuesday, July 21, 2015 CGG secures a data acquisition contract from the Tanzanian Petroleum Development Corporation.
CGG Bags Anadarko's Contract for 3D Seismic Survey Off Colombia
Thursday, March 19, 2015 CGG bags contract from a subsidiary of Anadarko to conduct 3D seismic survey on the Caribbean coast offshore Colombia.
CGG Commences Mutli-client Survey in Northern Carnavon Basin off WA
Tuesday, March 03, 2015 CGG commences acquisition of Davros multi-client survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia.
TGS to Expand Declaration Survey in Gulf of Mexico
Thursday, February 19, 2015 TGS-NOPEC plans to expand its Declaration Multi-WAZ survey in the Gulf of Mexico's Mississippi and DeSoto canyons.
CGG Bags Contracts from InterOil for Geophyiscal Survey Projects in PNG
Wednesday, January 14, 2015 CGG bags contracts from InterOil for geophysical survey projects in Papua New Guinea.
CGG Completes Processing a Multi-Client Seismic Survey in East Indonesia
Wednesday, January 07, 2015 CGG completes processing a multi-client seismic survey in east Indonesia.
Technip To Push On With Diversification Plan After CGG Talks Fail
Monday, December 15, 2014 Technip says it would press on with its strategy of broadening its range of services despite its failed attempt to buy seismic surveys specialist CGG.
Technip Rules Out CGG Bid After Talks Fail
Sunday, December 14, 2014 Technip rules out making an offer for seismic surveys specialist CGG after talks between the two firms fail to produce an agreement.
Oil Services Firm CGG Rebuffs $1.8B Offer From Rival Technip
Thursday, November 20, 2014 CGG rebuffs a $1.84 billion takeover offer from larger rival Technip, which wants to broaden the range of services it can offer cost-wary oil companies.
CGG Secures 3D Seismic Contract for WA's Offshore Permit WA-503-P
Friday, October 31, 2014 CGG secures 3D seismic contract from Neon Energy for exploration permit WA-503-P offshore Western Australia.
CGG Lands $80M Seismic Acquisition Contracts for Asia Pacific, West Africa
Wednesday, September 10, 2014 CGG lands four contracts, worth $80 million, to acquire 3D seismic in waters off Malaysia, Australia and West Africa.
CGG Opens Subsurface Imaging Center in Myanmar
Wednesday, July 02, 2014 CGG opens a subsurface imaging center in Yangon to service anticipated growth in Myanmar's oil and gas exploration sector.
Gardline CGG Wins Asia Pacific Seismic Survey, Geochemical Sampling Deals
Thursday, April 17, 2014 The Gardline CGG joint venture wins three seismic survey and geochemical sampling contracts from companies in Australia and Southeast Asia.
CGG Completes Aerial Survey Covering SPA 17 AO in Western Australia
Thursday, April 03, 2014 CGG completes data acquisition of the aerial gravity/magnetic survey covering SPA 17 AO in Western Australia.
CGG Commences Aerial Gravity Survey Acquisition at SPA 17 AO in WA
Tuesday, April 01, 2014 CGG commences data acquisition for the aerial gravity/magnetic survey covering SPA 17 AO in Western Australia.
Baker Hughes Seals Deal for CGG Technology in Shale Science Alliance
Tuesday, March 25, 2014 Baker Hughes signs an exclusive agreement with CGG for RoqSCAN technology offered by CGG.
Oilex's Subsidiary Contracts CGG for Survey Over STP-SPA-0055 in WA
Monday, February 24, 2014 Oilex discloses that its subsidiary Admiral Oil has contracted CGG Aviation (Australia) to undertake airborne gravity/magnetics survey over Special Prospecting Authority with Acreage Option - STP-SPA-0055 in Western Australia.
Seismic Surveyor TGS-Nopec Profit Beats Forecast
Thursday, February 06, 2014 Seismic survey firm TGS-Nopec posts better-than-expected fourth-quarter earnings, bucking the trend in the seismic survey sector.
CGG Completes Airborne Survey for Buru Energy in Canning Superbasin in WA
Tuesday, February 04, 2014 CGG completes a large airborne survey for Buru Energy in the Canning Superbasin in Western Australia.
CGG Wraps Up 3-Year Marcellus Multi-Client Program
Thursday, January 23, 2014 CGG extends its data library of shale acreage in the US by completing a vast three-year multi-client 3D land seismic program targeting the Marcellus Shale Fairway.
Spectrum, CGG Launch 3D Seismic Survey Offshore Brazil
Tuesday, December 17, 2013 Spectrum ASA and CGG launch a large, high-end 3D multi-client survey program offshore Brazil.
WHL Engages CGG for La Bella Seismic Survey in Otway Basin
Wednesday, October 09, 2013 WHL Energy engages CGG Services to acquire La Bella 3D seismic data in the Otway Basin, off Victoria, Australia.
CGG Completes 3D Survey in Australia's Northwest Shelf for Shell
Thursday, September 26, 2013 CGG completes its first BroadSeis-BroadSource survey on the Northwest Shelf in Australia for Shell.
CGG Wins Petronas' Contract for Seismic Work off Sabah, Sarawak
Friday, September 06, 2013 CGG wins a contract from Petronas to undertake a 3D seismic survey program offshore Sabah and Sarawak in Malaysia.
Fastnet Selects CGG for 2Q Seismic in Celtic Sea
Monday, February 18, 2013 Fastnet executes a Letter of Intent with CGG as its preferred seismic contractor for 3D seismic acquisition in the Celtic Sea beginning in 2Q 2013.
First Australian Reports Offshore Senegal Seismic
Monday, January 29, 2007 The MV Symphony seismic vessel is scheduled to commence acquiring seismic for FAR Offshore Senegal during the second week of February 2007.
Former Head of Veritas DGC to Take Reins at Technip
Tuesday, January 16, 2007 The Board of Directors of Technip, meeting on January 15th, 2007, has chosen, upon the recommendation of the Nominations and Compensation Committee, Thierry Pilenko to succeed Daniel Valot as Chairman and CEO.
With Merger Complete, 'CGGVeritas' Moves Forward
Monday, January 15, 2007 Compagnie Generale de Geophysique-Veritas (NYSE: CGV ; formerly GGY) on Monday announced the completion of the merger between Veritas DGC Inc. (NYSE: formerly VTS) and a subsidiary of Compagnie Generale de Geophysique on January 12, 2007.
CGG, Veritas Complete Merger
Friday, January 12, 2007 Compagnie Generale de Geophysique on Friday announced the completion of the merger between Veritas DGC Inc. (NYSE: formerly VTS) and a subsidiary of Compagnie Generale de Geophysique, following satisfaction of the closing conditions of the merger.
CGG, Veritas DGC Win Needed Approvals for Merger
Tuesday, January 09, 2007 Compagnie Generale de Geophysique and Veritas DGC Inc. announced that their respective special meetings of stockholders were held, with both companies receiving the necessary stockholder approvals to complete their merger.
CGG, Veritas Extend Election Deadline
Friday, January 05, 2007 Compagnie Generale de Geophysique (CGG) and Veritas DGC, Inc. on Friday agreed to extend the deadline for holders of Veritas common stock who wish to elect the type of merger consideration they prefer to receive.
CGG's Merger with Veritas DGC Set to Close on Jan. 12
Monday, December 18, 2006 As previously disclosed, Compagnie Generale de Geophysique and Veritas DGC, Inc. will hold separate meetings of their shareholders on January 9, 2007 in connection with the proposed combination between the two companies.
Veritas DGC Receives IRS Letter on CGG Merger
Monday, December 11, 2006 Veritas DGC Inc. on Monday announced that it has received the requested United States Internal Revenue Service private letter ruling in connection with the previously announced merger agreement whereby CGG will acquire Veritas.
Le Roux to Take Helm at CGG
Friday, December 08, 2006 Compagnie Generale de Geophysique on Friday said that Thierry Le Roux will be appointed the company's president and chief operating officer effective January 1, 2007.