The CGG Mistral Damaged by Onboard Fire

On Friday December 20th a fire broke out accidentally on the seismic vessel, the CGG Mistral, offshore Trinidad.

As a result of the intensity of this fire, all onboard personnel have been evacuated and are safe. No physical injuries are to be reported.

Based on the current information available, CGG believes that unfortunately the CGG Mistral is very severely damaged.

The co-owners of the CGG Mistral, Louis Dreyfus Armateurs and CGG for the vessel and CGG itself for the seismic equipment, immediately established contacts with their insurance brokers to initiate the process with respect to guarantees.