3671 results found for 'cgx'

3671 results found for 'cgx'
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  • 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. […]

  • CGG makes three board changes

    9 March 2018
    Business & Finance

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

  • 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, […]

  • 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: 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 […]

  • 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,” […]

  • 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 […]

  • ‘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 […]

  • 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 […]

  • 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, […]

  • 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 adds another 2,000 TEU LNG-powered vessel to its fleet

    7 January 2025
    Business Developments & Projects, Vessels

    French shipping giant CMA CGM has taken delivery of the final vessel in a series of ten LNG-powered 2000-TEU ships, built by the Hyundai Mipo shipyard in Ulsan, South Korea.

  • CGG Swings to Profit After Restructuring

    17 May 2018
    Business & Finance, Equipment, Operations & Maintenance

    French geoscience expert CGG has reported net profit of $647 million for the quarter ended March 31, 2017, against net loss of $145 million same time last year. For the first quarter 2018, the company generated $246 million in revenue and operating income of negatine $67 million, against revenue of $249 million and operating income […]

  • CGG Donates Software to TU Delft

    27 March 2018
    Equipment

    CGG GeoSoftware has donated its Jason and HampsonRussell seismic reservoir characterization software suites to Delft University of Technology (TU Delft) in the Netherlands. The donation of a full HampsonRussell suite and the renewal of an enhanced Jason package will enable students at the Department of Geoscience & Engineering to expand their theoretical and practical knowledge […]

  • CMA CGM Severs Ties with Hanjin

    1 September 2016
    Business & Finance

    French shipping major CMA CGM has sent a notice of termination to South Korea’s Hanjin Shipping related to each of the company’s services with immediate effect. CMA CGM also said that Hanjin containers, which are already onboard on CMA CGM vessels, would be discharged to the final destination and that the company would no longer loads its containers […]

  • CMA CGM, Seatrade to Restructure VSA

    28 November 2017
    Business & Finance

    French container shipping giant CMA CGM Group and specialised reefer transporter Seatrade Group have decided to restructure the vessel sharing agreement (VSA) reached earlier this year. Under the VSA, unveiled in July 2017, the companies intended to link Northern Europe, the East Coast of the United States, Central America, the Pacific Islands, Australia, New Zealand, Peru and […]

  • France: CGG Reports Increase in Revenue

    27 February 2014
    Business & Finance

    CGG, a world leader in Geoscience announced its non-audited 2013 fourth quarter and full-year consolidated results with revenue up 2%, at $955 million. The Company reported EBIT at $73 million before non-recurring items with EBIT margin at 7.6% and the Net income of $17 million after NRFI and before impairment & write-off. CGG CEO, Jean-Georges […]

  • CGG Secures Another Prefunding in GoM

    21 November 2014
    Business & Finance, Equipment, Operations & Maintenance

    CGG has secured another commitment from an Exploration and Production company to its StagSeis multi-client solution in the Gulf of Mexico, this time with an earlier prefunder expanding their position. According to CGG, following the completion of the acquisition in October, StagSeis presales of all three surveys, IBALT, DEUX and TROIS, have continued to strengthen, both […]

  • CGG Expands Santos Basin Coverage

    26 July 2017
    Business & Finance, Equipment, Operations & Maintenance

    CGG said it has extended its Santos VII broadband 3D multiclient survey offshore Brazil. The 1,867 sq km extension to the original footprint gives CGG a total of almost 16,000 sq km of newly acquired and imaged pre-salt coverage. The extension was made to fully image this area after images recently delivered from the Fast-Track […]

  • Dolphin’s world record questioned by CGG

    2 April 2015
    Equipment

    French seismic data acquisition specialist CGG has questioned a reported world record by its Norwegian rival Dolphin Geophysical.   To remind, Dolphin Geophysical recently reported it had mobilised “the ‘world’s largest floating object’ by deploying a seismic spread of 12 streamers, 7,050 meters in length with 150 meters streamer separation, off the coast of Myanmar for Ophir Energy […]

  • Brazil: OGX Obtains Qualification of Operator A

    24 October 2012
    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 obtained from the National Petroleum, Natural Gas and Biofuels Agency – ANP, the qualification of operator A, therefore being able at this time to operate blocks located in deepwater, […]

  • CMA CGM Adds Iskedrun Call

    16 June 2015
    Business & Finance

    French container line CMA CGM is adding a call to the South Turkish port of Iskenderun to its Bosphorus Express Line (BEX), starting June 16. CMA CGM says that this is the only service on the market joining Asia to Iskenderun. By adding a call at Iskenderun, the south part of Turkey will now be called directly and each […]

  • CMA CGM Reinforces Presence in Cameroon

    20 February 2015
    Business & Finance

    The CMA CGM inaugurated its new logistics platform, the Cameroon Container Terminal (3CTC Terminal), on February 19th, 2015. The 2-hectar 3CTC platform, located between Douala and the port, has been operational since January 7th, 2015, and its concession attributed for 25 years. The new platform offers full and/or empty containers storage in a 2 hectares secured area and […]

  • CMA CGM Names New CFO

    14 October 2016
    Business & Finance

    French container shipping company CMA CGM has appointed Michel Delville as Chief Financial Officer (CFO). The group said that its former CFO, Michel Sirat, will continue to support CMA CGM in strategic development missions. Michel Delville was CFO of the Saft Group, a France-based high technology batteries manufacturer. Prior to this, he was CFO and […]