3673 results found for 'cgx'

3673 results found for 'cgx'
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  • CGG to Cut More as Loss Widens

    26 February 2015
    Business & Finance, Equipment, Operations & Maintenance

    French seismic contractor CGG announced additional cost reduction plans and further downsizing of its fleet as it falls victim to deterioration in market conditions. In the fourth quarter 2014 (Q4 2014), CGG generated revenues of $ 906 million, down 5 percent year-on-year and up 31% sequentially. Full year revenue was $3.095 billion, down 18 percent, compared […]

  • CGG Challenges Dolphin Record Claims

    2 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    After the recent announcement from Dolphin about mobilisation of what the company described as “world’s largest floating object” by deploying a seismic spread of 12 streamers offshore Myanmar, Subsea World News received a notice from CGG claiming the announcement as “misinformation from Dolphin”. The Dolphin said in a press release it has mobilised the ‘world’s largest floating […]

  • New CFO to join CGG in September

    26 July 2018
    Business & Finance

    French geophysical player CGG has appointed Yuri Baidoukov as Group CFO, effective September 1, 2018.

  • CGG makes three board changes

    9 March 2018
    Business & Finance

    French geophysical company CGG has appointed three new members to its board of directors.

  • ViaLogy, CGG Sign Collaboration Agreement

    29 April 2013
    Business & Finance, Project & Tenders

    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 […]

  • CGG’s Fleet Breaks Industry Records

    4 April 2013

    French seismic acquisition specialist CGG announced today that its new fleet, with the addition of four high-end vessels from its recent acquisition of Fugro Geoscience, set two new industry records that highlight the strength of its marine capabilities. The longest offsets in the industry for a full-azimuth (FAZ) multi-vessel survey Firstly, through its proprietary ground-breaking […]

  • OGX to abandon Tubarao Azul field

    23 September 2016
    Project & Tenders

    Brazil’s OGpar, formerly known as OGX, an oil company formed by a former billionaire Eike Batista, will not be resuming production from its Tubarao Azul oil field in the Campos Basin, offshore Brazil. The company, under bankruptcy protection since 2013, said this week that after one year of suspension of production on Tubarão Azul Field, […]

  • Another GoM client for CGG’s StagSeis

    21 November 2014

    France’s seismic survey specialist CGG announced today another significant commitment from an unnamed exploration and production company to its StagSeisTM multi-client solution in the Gulf of Mexico. The company, currently in takeover talks with Technip, describes StagSeisTM as a “next-generation” solution for subsalt imaging designed to reduce exploration and production risk by providing the best seismic images. […]

  • CMA CGM Launches New Service

    25 June 2008

    Linking Asia and Europe CMA CGM Group has the pleasure to announce the launching, on July 9th, 2008, of its latest service in the FAL network linking Asia and Europe: The FAL4 service. Operated in partnership with China Shipping, FAL4 will deploy a total of eight 9,700 teu vessels, covering the following port rotation: Shanghai, […]

  • ‘CMA CGM Don Carlos’ at Khorfakkan

    15 August 2006

    It only seems like a few weeks ago that Gulftainer’s Khorfakkan Container Terminal was awaiting the first of CMA-CGM’s series of giant new 8500 TEU containerships. However it was in fact back in January of this year and since then a steady stream of these 100,000 DWT/335 meter long leviathans have berthed promptly, worked quickly […]

  • CMA CGM’s port surcharge in Sydney

    21 December 2010

    French containership giant CMA CGM Group has decided to implement an Emergency Port Congestion Surcharge (PCS) in the port of Sydney for CMA CGM services to and from Europe. “Operational situation at Sydney Port Botany has worsened over the last month and constant delays penalise CMA CGM vessels with additional over-consumption to ensure schedule integrity,” […]

  • CGG lands $200M Pemex job

    11 August 2014
    Business & Finance, Equipment

    CGG announced today that Pemex recently awarded CGG a contract worth close to US $200m for ocean bottom cable (OBC) 3D-4C seismic work in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico. […]

  • OGX: Waikiki Accumulation Commerical (Brazil)

    26 April 2012
    Business & Finance

    OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced yesterday that it had presented to the National Petroleum, Natural Gas and Biofuels Agency (ANP) a Declaration of Commerciality for the Waikiki accumulation, for which the proposed new designation is the […]

  • CGT’s Newly Expanded Facility Opens

    19 June 2014

    GCT Global Container Terminals Inc. (GCT) celebrated the grand opening of its newly expanded, semi-automated facility in Bayonne, New Jersey on June 18th, which is expected to become the most productive marine terminal on the US East Coast once complete this summer. The opening ceremony follows the first successful commercial lift handled at the facility […]

  • Moody’s Switches to Positive on CMA CGM

    19 June 2015
    Business & Finance

    Rating agency Moody’s Investors Service has changed to positive from stable the outlook on the B1 corporate family rating (CFR), the B1-PD probability of default rating (PDR) and the B3 senior unsecured rating of French liner company CMA CGM S.A. Concurrently, Moody’s has affirmed the ratings assigned to the company including its B1 CFR, B1-PD […]

  • APL Reduces Capacity and Reorganises Global Service Network

    22 October 2008

    Container shipping leader APL has today announced a reduction in capacity and significant changes to its global service network in response to increasingly challenging conditions in the major container trades. Commenting on the changes, APL President Eng Aik Meng said: “The traditional seasonal softening of demand in the main container trades has been compounded by […]

  • USA: Port of Baltimore Throughput Growth to Solve Dredging Issues

    10 August 2011

    Baltimore has moved up in national port rankings, up one spot for cargo tonnage and two spots for cargo value. The port moved 32.8 million tons of cargo worth $41.5 billion in 2010. That was good for the 13th heaviest and 11th most valuable cargo among the nation’s 360 ports. Those numbers will help the […]

  • CMA CGM’s Mermaid makes a splash

    15 February 2024
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    French containership major CMA CGM has welcomed into the fleet CMA CGM Mermaid, the first ship in a series of ten new 2,000 TEU container ships powered by liquefied natural gas (LNG). The fleet has been designed in cooperation with French shipbuilder Chantiers de l’Atlantique and Danish engineering firm Odense Marine Technique (OMT), which converted […]

  • CGG commits to green energy in UK

    23 October 2020
    Environment, Technology, Transition

    Geoscience company CGG has recently renewed and expanded its contract to power all its operating sites in the UK with renewable energy. CGG is also one of the early adopters of renewable energy sources for its UK operations, making a switch eight years ago. The company has evaluated the green credentials of its suppliers and […]

  • Gardline CGG in BRAHSS Project (Australia)

    11 September 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Gardline CGG Pte Ltd has been contracted by OGP (International Association of Oil & Gas Producers) to be involved in the last phase of the BRAHSS (Behavioural Response of Australian Humpback whales to Seismic Surveys) project. Gardline CGG will use MV Duke as a source vessel offshore Peregian Beach in Queensland (Australia). BRAHSS is a […]

  • CGG GeoSoftware Gets Rights to VelPro

    19 March 2015
    Equipment

    CGG GeoSoftware has further enhanced its geoscience software portfolio by acquiring the rights to the VelPro™ velocity modeling and depth conversion product from In-Depth Solutions LLC. VelPro offers a faster and more complete velocity model building workflow to achieve more accurate seismic reservoir characterization, the company said. Interactive data QC and editing tools for seismic […]

  • CGG Implements a New Strategic Phase

    17 December 2013
    Business & Finance

    During its Capital Market Day hosted today in Paris for investors and analysts, CGG presented the latest phase in its strategic roadmap which will be fully implemented by the end of 2016. CGG’s activities are closely correlated with the long-term exploration and production trends of their Oil and Gas company clients. The geological and geophysical […]

  • CGG Makes Changes to Board of Directors

    7 April 2014
    Business & Finance

    CGG decided that Rémi Dorval, currently a Director of the company, will succeed Robert Brunck as the Chairman of the CGG Board of Directors.  This decision will take effect at the end of the next Annual Shareholders’ Meeting which is due to be held on 4 June, subject to the renewal of Rémi Dorval’s term of […]

  • CGG closes sale of GeoSoftware business

    4 October 2021
    Business & Finance, Business Developments & Projects

    France-based geophysical services company CGG has completed the sale of its GeoSoftware business to Topicus and Vela Software.

  • Kriegers Flak CGS fully in operation

    16 December 2020
    Project & Tenders

    The Kriegers Flak Combined Grid Solution (CGS) is now completely connected to the grid and in operation. According to Energinet, the trial runs were successfully completed and the recent restart tests after a simulated power outage on both the Danish and the German sides. Kriegers Flak CGS connects the Danish region of Zealand with the […]