3671 results found for 'cgx'

3671 results found for 'cgx'
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  • CGG cans seismic vessel deal with Eidesvik

    13 October 2016

    Norwegian offshore vessel provider Eidesvik Offshore and French geophysical company CGG have agreed to terminate with immediate effect the contract for the seismic vessel Viking Vision.   According to Eidesvik’s statement on Thursday, the contract was due to expire at the end of July 2017. The shipping company said that payment of the charter rate […]

  • CGG starts Saturno survey offshore Brazil

    5 October 2016

    CGG on Wednesday announced the start of a large broadband 3D multi-client survey in the pre-salt area of the deepwater Santos Basin, offshore Brazil.  Santos VII (Saturno) is the third phase in CGG’s pre-salt project known as the Santos Basin Trilogy. The project is designed to make ultramodern seismic datasets available as quickly as possible […]

  • Brazil: OGX Delivers Waimea Oil to Shell

    4 April 2012
    Business & Finance

    Last week, OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, has delivered its first shipment of approximately 600,000 barrels of oil to Shell Western Supply and Trading Ltd. (“Shell”). On March 27, 2012, the Company, owned by Eike Batista, initiated the process of offloading the first shipment […]

  • Kriegers Flak CGS launch delayed again

    3 July 2020
    Business Developments & Projects

    The launch of Kriegers Flak Combined Grid Solution (CGS) has again been delayed, now until the end of September. The final steps of the commissioning procedures for the overall CGS system are confronted with ongoing movement restrictions for the Swedish team members due to the coronavirus pandemic, according to Energinet. “50Hertz and Energinet are monitoring […]

  • Kriegers Flak CGS commissioning postponed again

    7 September 2020
    Business Developments & Projects

    The commissioning procedures for the Kriegers Flak Combined Grid Solution (CGS) have reached the final stage, according to Energinet. The system tests on the 400 MW offshore grid link are currently ongoing. Due to the solving of technical challenges that occurred in the tests, extra time is needed and commercial operation is expected for launch […]

  • CMA CGM remains optimistic despite coronavirus

    8 June 2020
    Business & Finance, Business Developments & Projects

    Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result.

  • CMA CGM Benjamin Franklin in Port of Oakland

    31 December 2015
    Business & Finance, Equipment, Technology

    The CMA CGM Benjamin Franklin, an 18,000-TEU megaship named in honor of one of America’s founding fathers, is expected to call at the Port of Oakland today, making it the largest container ship of this capacity ever to call at any port in the United States. The vessel, operated by France-based shipping line CMA CGM, […]

  • CMA CGM obtains € 1.05 billion loan

    13 May 2020
    Business & Finance

    French container shipping major CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan, the company announced. As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70% percent guaranteed by the French Government. It is part of France’s State-guaranteed loan scheme […]

  • Maryland: Update on the Expansion of Cox Creek Facility

    5 April 2017
    Business & Finance

    The Maryland Department of Transportation’s Port Administration will provide an update on the expansion of the Cox Creek Dredged Material Containment Facility at the Public Information Meeting set for Thursday, April 6, 2017. Two days after the meeting, on Saturday, April 8, the department will be offering public tours of the Cox Creek facility, demolition area, […]

  • CGG to Expand Espirito Santo Basin Coverage

    29 August 2017
    Business & Finance, Equipment, Operations & Maintenance

    CGG has started work on Espirito Santo IV, a large BroadSeis 3D multi-client survey in the deep and ultra-deep waters of the Espirito Santo Basin offshore Brazil. The Oceanic Champion is acquiring the survey which is expected to take seven months. This industry-supported survey will cover 10,300 square kilomters and be processed at CGG’s Rio […]

  • CGG Begins OBN Survey in Gulf of Mexico

    14 May 2019
    Operations & Maintenance, Project & Tenders

    CGG has started its first multi-client ocean bottom node (OBN) survey, located in the north-central region of the Gulf of Mexico. The OBN survey will provide well-sampled, full azimuthal coverage with long offsets, to deliver exceptional data for imaging the geologically complex structures in Mississippi Canyon. Acquisition services are being provided by Seabed Geosolutions and […]

  • SeaBird Acquires Seismic Vessel from CGG

    12 July 2018
    Project & Tenders

    SeaBird Exploration has started the acquisition process of the seismic vessel ‘Geowave Voyager’ and certain seismic equipment from Exploration Vessel Resources II, a wholly owned subsidiary of CGG for a cash consideration of USD 17 million. The acquisition also includes 40 km of Sercel Sentinel solid streamer. The Geowave Voyager was built in 2009 for an […]

  • Pemex Hires CGG for Deepwater Perdido Shoot

    25 October 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    CGG said it has been awarded a contract by Pemex to deliver an orthogonal wide-azimuth integrated solution designed to optimize subsalt seismic imaging in deep waters of the Perdido area. A new wide-azimuth survey, covering approximately 10,000 km2, will be acquired perpendicularly over the existing wide-azimuth seismic data acquired by CGG in 2010. Imaging of this […]

  • CGG boss to head out after restructuring

    5 December 2017
    Business & Finance

    Chief executive officer of CGG will be leaving his position next year once the company completes its financial restructuring. 

  • Gardline CGG: ‘Duke’ hired for Rocket shoot

    23 January 2015
    Business & Finance, Equipment

    Gardline CGG Pte Ltd has been awarded the Rocket 2D Phase 1 multi-client marine broadband seismic survey by Spectrum under a master service agreement signed in October 2014 between the two companies. The company says that the vessel, M/V Duke, will start acquisition next week on completion of its current workscope. According to the company’s […]

  • CGG faces uncertainties to carry on ‘as a going concern’

    28 July 2017
    Business & Finance

    French geophysical services player CGG might be facing a going concern issue amid financial restructuring process aiming to reduce its massive debt.  The company’s restructuring plan entails full conversion of unsecured debt into equity and raising up to $500 million of new money through a $125 million rights issue and the issuance of $375 million of new secured […]

  • BP hires CGG for Nile delta imaging

    5 July 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    CGG has secured a contract with oil major BP and its joint venture partner Pharaonic Petroleum for the 3D seismic imaging of the first-ever OBN survey conducted in the Nile delta covering the Atoll and Atoll North fields. CGG will apply its high-end OBS & FWI imaging technologies and specialized HPC from its UK and […]

  • CMA CGM Launches CEVA Logistics Takeover

    12 February 2019
    Business & Finance

    CMA CGM launched its public tender offer for CEVA Logistics’ shares on February 12.

  • CMA CGM Presents MED AMERICAS Service

    1 August 2016
    Business & Finance

    French container shipping company CMA CGM has revamped its Med Gulf Ecuador (MGE) service to the new MED AMERICAS direct service, connecting the Mediterranean to the Caribbean, Mexican Gulf and West Coast South America and including five new ports of call. The new ports of call to West Coast South America are Balboa, Manzanillo (Panama), San Antonio […]

  • SGX Extends Exclusive Talks with Baltic Exchange

    28 June 2016
    Business & Finance

    Singapore Exchange (SGX) has extended the period of exclusive discussions to buy the London’s Baltic Exchange by two months. According to the new information, the deadline for the talks has been pushed from June 30, 2016 to August 31, 2016. The announcement comes on the back of the exclusivity agreement signed between the parties in May, which allowed the Baltic Exchange to consult […]

  • CMA CGM Bolsters Ties with DP World

    12 April 2018
    Business & Finance

    CMA CGM has extended its long-term stevedoring deal with DP World Australia.

  • CMA CGM finalises investment deal with Yildrim

    31 January 2011

    CMA CGM has finalised its deal with Yildirim Group, and its former boss has returned to the helm, as the carrier continues to seek finance to repay debts thought to amount to around US$5 billion.

  • BP, CGG in Marine Seismic Source Project

    28 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    CGG and BP have today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology, and builds on successful prototype trials. Seismic surveys have for decades been the exploration […]

  • Sterling: CGG Starts Ambilobe 3D Shoot

    27 April 2015
    Business & Finance, Operations & Maintenance

    Sterling has kicked off its planned 3D seismic survey of 1,250 km² over a high-graded portion of the Ambilobe Block, located offshore Madagascar. The acquisition is being undertaken by CGG Services SA, on behalf of the Joint Venture Partners, and completion is expected within 45-50 days. The Ambilobe PSC, awarded in 2004, is in Phase […]

  • Latest Triumphs of Full Waveform Inversion at CGG

    12 June 2013
    Business & Finance

    Full Waveform Inversion (FWI) uses every aspect of the recorded seismic wavefield to provide high-resolution earth models. CGG has demonstrated the benefits for many acquisition scenarios including ocean bottom, conventional streamer, BroadSeisTM variable-depth streamer and onshore. Algorithms such as Reverse Time Migration (RTM) can make full use of the detailed velocity models to produce clearer […]