3673 results found for 'cgx'

3673 results found for 'cgx'
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  • CGG’s 3Q net income at $41 million

    6 November 2019
    Business & Finance

    French marine seismic company CGG reported Group net income of $41 million for the first quarter of 2019, compared to the previous year’s 3Q loss of $1.5 million. Group revenue was $323.4 million down $387.7 million in the third quarter of 2018. Operating income was higher in this year’s 3Q coming in at 98 million, […]

  • CGG terminates seismic vessel contract with Eidesvik

    1 July 2019
    Business & Finance

    Norwegian shipping company Eidesvik Offshore and French geophysical services company CGG have agreed to terminate the contract for the Viking Vanquish seismic vessel.

  • CGG: First Quarter 2014 in Line with Expectations

    7 May 2014
    Business & Finance, Operations & Maintenance

    CGG, a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry, announced its non-audited 2014 first quarter results.   First quarter results reflecting execution of contracts secured end-2013 in low market conditions: – Revenue at $806m, – Operating income […]

  • 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 […]

  • 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 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 in Seismic Survey Extension Offshore Colombia

    3 February 2016
    Operations & Maintenance

    CGG has been awarded an extension of 3D seismic survey on the Caribbean coast offshore Colombia. The new survey follows on from the original over 16,000 km2 survey CGG conducted over portions of the Col-1 and Col-2 blocks, which, according to the company, was the largest survey ever recorded offshore Colombia. The extension is expected to start […]

  • 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 […]

  • 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 […]

  • OGX Reports Net Loss of $2 Billion

    15 August 2013

    A troubled Brazilian oil and gas company OGX, owned by once a billionaire Eike Batista, has reported a massive quarterly net loss of R$4.7 billion (around USD 2 billion). The results were impacted by expenses of R$3.6 billion (around USD 1.54 billion) related to the impairment of the investments carried out in Tubarão Azul, Tubarão Tigre, Tubarão […]

  • 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 Launches CEVA Logistics Takeover

    12 February 2019
    Business & Finance

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

  • SGX Wraps Up Baltic Exchange Acquisition

    8 November 2016
    Business & Finance

    Singapore Exchange Limited (SGX) has finalized the acquisition of approved of London-based Baltic Exchange Limited, bringing together complementary strengths of Singapore and London, two of the world’s most important maritime centres. The parties said that the despatch of consideration and payment of the Special Dividend to Baltic Exchange shareholders is expected to take place on […]

  • 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. 

  • 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 […]

  • 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 […]

  • 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 […]

  • CMA CGM Puts Newbuild Duo to Work

    17 February 2015
    Business & Finance

    The French container carrier CMA CGM took delivery of the CMA CGM Loire and the CMA CGM Ural, the fifth and the sixth in a newbuild series of twenty-eight vessels of the 9,400 TEUs to 10,900 TEUs capacity. The Danube, Elbe, Litani and Tigris are the first in this series of container ships named after famous rivers of the world. […]

  • Another Behemoth Joins CMA CGM’s Fleet

    28 July 2015
    Business & Finance

    French liner company CMA CGM Group took delivery of the CMA CGM Vasco de Gama on July 27th from China State Shipbuilding Corporation. This 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, the largest containership of the CMA CGM Group. It will sail under the UK flag. Calling 11 different countries, the […]

  • CMA CGM Gets First Guyanamax Ship

    23 July 2015

    CMA CGM Group’s first vessel of the Guyanamax series, CMA CGM Cayenne, was delivered in South Korea on July 21st. This vessel is 190 meters long and 30 meters wide, and has 2,100 TEU containers capacity. It was built by the Korean shipyard Hyundai Mipo Dockyard and will be sailing under the UK flag. CMA […]

  • CGN’s Rudong OWF Soon to Go Online

    9 September 2016

    China General Nuclear Power Group’s (CGN) 152MW Rudong offshore wind farm demonstration project will soon be fully operational, China Daily reports. The first of 38 Siemens 4MW wind turbines at the Rudong offshore wind farm, located around 25 kilometers offshore Shayang Yangkou Port, was installed in September 2015. In January, the offshore wind farm started producing power after the […]

  • Assodivers Win Kriegers Flak CGS Contract

    10 October 2017
    Storage

    Energinet.dk and 50Hertz have selected Greece-based Assodivers for cable burial works at the Kriegers Flak Combined Grid Solution (CGS), a project that will interconnect Danish and German grids via Kriegers Flak and Baltic 2 offshore wind farms.

  • CMA CGM reshuffles Asia-Europe trades

    19 June 2009

    French shipping line CMA CGM has announced it is restructuring its Asia-Europe services from 30 June. Nicolas Sartini, senior VP Asia Europe Lines, said: “CMA CGM group is eager to offer its customers an enhanced service quality and a unique port coverage without adding capacity to the market. “Indeed, we have entered a number of […]