3671 results found for 'cgx'

3671 results found for 'cgx'
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  • Brazil: OGX Concludes Drilling of Well OGX-23 in the Santos Basin

    12 January 2011
    Business & Finance

    OGX Petróleo e Gás, the Brazilian oil and gas company conducting the largest private exploratory campaign in Brazil, announced that it has concluded the drilling of well 1-OGX-23-RJS, located in the BM-S-58 block, in the shallow waters of the Santos Basin. OGX holds a 100% working interest in this block. The drilling of well OGX-23, […]

  • Matson Decides to Fit Three More Ships with Scrubbers

    8 November 2018
    Business & Finance

    Matson is to equip three vessels with scrubbers as it prepares for the IMO 2020 fuel requirement regulation.

  • LNG-powered CMA CGM Tivoli joins CMA CGM’s fleet

    20 June 2024
    Vessels

    French shipping major CMA CGM has taken delivery of the fourth ship in a series of ten new 2,000 TEU containerships powered by liquified natural gas (LNG).

  • Brazil: OGX Strikes Oil in Well OGX-25 in the Campos Basin

    9 December 2010
    Business & Finance

    OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today that it has identified the presence of hydrocarbons in the Albian-Cenomanian section of well 1-OGX-25-RJS, located in the BM-C-39 block, in the shallow waters of the Campos Basin. OGX holds a […]

  • Italy’s Eni to off-take renewable energy from Albania via planned 1 GW subsea link

    25 February 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Italy’s energy major Eni has secured the status of a preferred off-taker of renewable energy transmitted from Albania to Italy through a planned 1 GW subsea interconnector by signing an agreement with Emirati partners. Eni’s Chief Executive Officer Claudio Descalzi has signed three collaboration agreements with Emirati companies covering the development of renewable energy capacity […]

  • Brazil: OGX Announces Presence of Hydrocarbons in Well OGX-17, Santos Basin

    10 October 2010
    Business & Finance

    OGX Petróleo e Gás Participações S.A. , the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced that it has identified the presence of hydrocarbons in the Albian section of well 1-OGX-17A-RJS, located in the BM-S-56 block, in the shallow waters of the Santos Basin. OGX holds a 100% […]

  • CMA CGM welcomes 13,000 TEU LNG-powered CMA CGM Bahia

    8 December 2023
    Vessels

    Chinese shipbuilder Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group.

  • Brazil: OGX Announces Presence of Hydrocarbons in Well OGX‐20 in the Campos Basin

    18 October 2010
    Business & Finance

    OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced today that it has identified the presence of hydrocarbons in the Aptian section of well 1‐OGX‐20‐RJS, located in the BM‐C‐41 block, in the shallow waters of the Campos Basin. OGX holds […]

  • CGG Swings to Q2 Profit

    2 August 2018
    Business & Finance, Equipment, Operations & Maintenance

    French geoscience expert CGG has reported net profit of $49 million for the quarter ended June, 2018, against net loss of $170 million same time last year. For the second quarter 2018, the company generated $314 million in revenue and operating income of $26 million, against revenue of $350 million and operating loss of $98 […]

  • CGG Secures GoM Prefunding

    29 October 2014
    Business & Finance, Operations & Maintenance

    CGG has announced another major commitment to its Gulf of Mexico StagSeis multi-client program with the prefunding of the entire 871-offshore-block program by an international E&P company. Representing over 20,000 sq. km, this new full-program commitment for all three StagSeis surveys, IBALT, DEUX and TROIS, comes in addition to significant prefunding by several other E&P companies. […]

  • CGG in Ivory Coast survey

    26 October 2017

    French seismic acquisition specialist CGG has been awarded a contract for onshore and offshore survey in Ivory Coast. Under the contract with Ivory Coast’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, CGG will acquire, a multi-client program of gravity, gravity gradiometry and magnetic data over the Republic’s onshore and shallow offshore basins. […]

  • CGG to Spur ViaLogy Growth

    29 April 2013
    Business & Finance, Equipment

    ViaLogy announces today that it has signed a Business and Technical Collaboration Agreement with CGG (CGG)  of France, one of the world’s largest geosciences companies. It provides ViaLogy with global sales and services locations, access to CGG customers, assistance in scaling ViaLogy’s QuantumRD technology to large geographical areas, and specialized high tech data processing to […]

  • New credits to CMA CGM

    21 December 2009

    CMA CGM has reached an agreement with its its financial partners regarding a USD 500 million credit line. “This important step will enable the group to pursue the current talks regarding its debt restructuring and a capital increase planned for the second half of 2010 with the arrival of new investors. In addition, the agreement […]

  • CGG and OMV Renew Partnership

    4 December 2018
    Project & Tenders

    CGG has renewed its contract with OMV to operate a dedicated center at its head office in Vienna. The contract will run for a further three years. During this period OMV will continue to benefit from onsite access to CGG’s subsurface imaging and reservoir characterization expertise and technology. The tailored service delivered by experienced in-house […]

  • CGG to Downsize Its Fleet

    1 August 2014
    Business & Finance, Operations & Maintenance

    CGG has announced its non-audited 2014 second quarter results. Reported revenue was at $689 million, compared to $1.032 million same time last year. Restructuring measures implemented in 2014: – Marine fleet reduced to 13 seismic vessels by end 2014. 1 vessel already decommissioned, 1 vessel retired from the seismic market, 2 vessels de-rigged and 1 permanently […]

  • CGG Gears for Mexico Survey

    22 February 2016
    Business & Finance, Equipment, Operations & Maintenance

    CGG will start a multi-client airborne gravity and magnetic survey offshore Mexico, the company said Monday. The Comisión Nacional de Hidrocarburos (CNH) has authorized the program, which will include the acquisition of approximately 200,000 line kilometers over six areas across the Mexican Gulf of Mexico. Data acquisition should begin in March 2016 and is anticipated to take twelve […]

  • No Offshore Production for OGX in September

    11 October 2013

    OGX Petróleo e Gás Participações S.A. , announces that its average oil and natural gas production for September 2013 reached 13.2 thousand barrels of oil equivalent per day (2.1 million m3 per day), which corresponds to OGX’s share of the average production of natural gas at the onshore Gavião Real Field, in the Parnaíba Basin. […]

  • France’s CGG files for bankruptcy

    15 June 2017
    Business & Finance

    French geophysical services company CGG has filed for bankruptcy as part of financial restructuring process to reduce its $3 billion debt.  The company informed on Wednesday that, following execution of legally binding agreements in support of the terms of the agreement-in-principle with key financial creditors announced on June 2, 2017, it had started legal processes to […]

  • CGG Wins Diskos Contract

    15 November 2013

    The Norwegian Petroleum Directorate (NPD) and the oil companies in the Diskos group have awarded contracts for software and operation of the Diskos databases to CGG. The contracts apply for the period 2015 to 2020. The contract award is a result of a comprehensive public procurement process, in which companies from the entire EEA were invited […]

  • CGG Sees Revenues Slide

    6 May 2015
    Business & Finance, Operations & Maintenance

    French seismic contractor, CGG, has booked a drop in revenues for the quarter, ended March 31 2015, due to the impact of the fleet reduction and to deteriorating market conditions. In the first quarter 2015, CGG generated revenues of $570 million, down 29 per cent compared to Q1 2014 and down 37 per cent quarter-to-quarter. Jean-Georges […]

  • CGG Initiates Rights Offering

    13 January 2016
    Business & Finance

    French seismic player, CGG, has launched a €350-million rights offering to existing shareholders as part of its plan lined up to transform from a seismic acquisition company into an integrated geosciences group. This capital increase is the next step in CGG’s transformation plan in order to adjust to new market conditions following the fleet reduction […]

  • CMA CGM Gets EPIC

    19 July 2016
    Business & Finance

    French container shipping company CMA CGM plans to launch two new weekly services, EPIC 1 and EPIC 2, between the Arab Gulf, Pakistan, North West India and North Europe, in addition to the existing Epic service on this route. EPIC 1 will offer a direct connection between North Europe, Pakistan and North West India. In […]

  • CGG returns to profit in 2Q

    2 August 2018
    Business & Finance

    CGG returned to profit in the second quarter of the year as its revenues fell by 3 percent.

  • CMA CGM Merges Subsidiaries

    30 November 2017
    Business & Finance

    French CMA CGM Group will merge its two subsidiaries MacAndrews and OPDR, specializiang in short sea transportation, effective January 1, 2018, the company said. Following the move, the merged company will be headquartered in Hamburg and will have 595 employees, as employment in each entity will be maintained. In addition, MacAndrews will have a presence in 16 countries through 36 agencies. […]

  • CMA CGM to Acquire Containerships

    20 June 2018
    Business & Finance

    CMA CGM has decided to acquire Containerships, a Finland-based shortsea specialist.