3673 results found for 'cgx'

3673 results found for 'cgx'
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  • CGG Supports SNH in Cameroon Licensing Round

    19 January 2018
    Business & Finance

    CGG has, under the agreement with Société Nationale des Hydrocarbures (SNH), started to promote multi-client E&P data packages, in support of Cameroon’s 2018 onshore & offshore licensing round. SNH, the national oil and gas company of Cameroon, opened the licensing round for eight free blocks on offer, located in sedimentary basins offshore and onshore Cameroon. The licensing round opened […]

  • SeaBird’s Eagle Explorer Continues Work with CGG

    12 March 2019
    Project & Tenders

    SeaBird has secured a contract extension for the Eagle Explorer vessel with CGG. The contract has been extended by approximately 80 days, and is now firm until August 15, 2019. According to SeaBird, CGG has further options to extend the contract with up to 60 days. The Eagle Explorer has been on a 160-day contract […]

  • Kriegers Flak CGS Cables Put to the Test

    13 November 2018
    Business & Finance, Equipment, Operations & Maintenance

    50Hertz and Energinet have accomplished the 24 hours tests of both of the offshore cables connecting the Danish platform of the Kriegers Flak windpark with the German platform Baltic 2. One after another, the two cables were energised and are now ready to transport the electricity. “Everyone in the team, from NKT, our colleagues from […]

  • CGG in New Santos Basin 3D Shoot

    15 March 2018
    Business & Finance, Equipment, Operations & Maintenance

    CGG has started acquisition of a large broadband 3D multi-client survey in the pre-salt area of the deepwater Santos Basin. Santos VIII is the most recent survey in CGG’s on-going pre-salt program that delivers seismic data, and according to the company, enabling exploration companies to better evaluate pre-salt opportunities in advance of Brazil’s pre-salt licensing […]

  • CGG Calls on ISS Services for Brazil Campaign

    22 December 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Inchcape Shipping Services (ISS), the maritime and logistics service provider, has signed a contract with CGG to provide offshore agency support services for a new oil and gas exploration project in the Barreirinhas Basin in the equatorial margin of northern Brazil. CGG is conducting the multi-client seismic project, which will be the oil and gas […]

  • Eidesvik Scores Work for Two Vessels with CGG

    14 November 2016
    Business & Finance, Project & Tenders

    Norwegian vessel owner Eidesvik has secured two contracts with French seismic contractor, CGG for the seismic vessels Vantage and Veritas Viking. According to the Oslo-listed company, the vessels will be employed as source vessels. The contracts are 180 days firm each, with further options. The contracts will start in early January 2017. The Vantage and the Veritas […]

  • Fourth CMA CGM Newbuilding Enters Fleet

    23 December 2014
    Business & Finance

    CMA CGM Group has taken delivery of the CMA CGM Tigris, the fourth in a series of 28 vessels from 9,400 TEUs to 10,900 TEUs which will have been delivered by the third quarter of 2016. The CMA CGM Tigris will be a chartered bareboat sailing under the Malta flag, and the result of collaboration between the Chinese […]

  • CMA CGM Marks Record Volume Surge

    24 November 2014
    Business & Finance

    France’s CMA CGM Group, the world’s third largest container shipping company, carried 3.2 million TEUs in the third quarter of 2014, an increase of 8.3% compared to 3Q 2013, and the highest level in the company’s history, which is contributed to the lines deployed in high-growth areas and to the strength of the services offered on the main markets. Consolidated […]

  • CMA CGM Takes Second Guyanamax Boxship

    5 August 2015
    Business & Finance

    French container line CMA CGM took delivery of the CMA CGM Marseille, the second container ship in its three-vessel Guyanamax series, from South Korea’s Hyundai Mipo Dockyard on July 29. This 2,100 TEU vessel is 190 meters long, 30 meters wide, and will sail under the flag of the United Kingdom. The CMA CGM Marseille will be positioned on […]

  • Wärtsilä Engine Chosen for CMA CGM’s Titan

    17 July 2015
    Business & Finance

    WinGD, a joint venture between Finnish marine engine builder Wärtsilä and China State Shipbuilding Corporation, has been chosen to provide the engine for the first in a series of 20,600 TEU container ships being built for the French container line CMA CGM. The mega vessel will be powered by the Wärtsilä X92, low-speed, 2-stroke engine. The Wärtsilä X92 engine chosen […]

  • CGG extends Saturno survey offshore Brazil

    26 July 2017

    French geophysical services company CGG has completed an extension of its Santos VII broadband 3D multi-client survey offshore Brazil. CGG said on Wednesday that the 1,867 square kilometer extension to the original footprint gives the company a total of almost 16,000 square kilometers of newly acquired and imaged pre-salt coverage. The extension was made to […]

  • CMA CGM Expands West African Services

    18 March 2016
    Business & Finance

    French container shipping major CMA CGM has upgraded its services linking the West African coast to Europe, Asia, Middle East and India as a part of the company’s new strategy in the West African region.  The new MIDAS service calls at 7 West African ports from India and Middle East. An extended coverage is provided in […]

  • CMA CGM’s Profit Edges Down in 2015

    8 March 2016
    Business & Finance

    French container shipping major CMA CGM has reported a volume growth of 6.3% year-on-year in 2015, reaching 13 million TEUs, a major factor that helped curb further decline of the company’s consolidated revenue that went down 6.4% year-on-year reaching USD 15.7 billion. The group’s consolidated net profit had a pretty stable run, totaling in USD 567 million, somewhat lower […]

  • Baltic Exchange in Sale Talks with SGX, Others

    26 February 2016
    Business & Finance

    Singapore Exchange Ltd has submitted a non-binding bid for the purchase of the Baltic Exchange, an iconic name in global shipping. Other bidders include CME Group (CME.O), ICE (ICE.N) and Platts, Reuters reports. The Baltic Exchange confirmed in a statement that it has received a number of exploratory approaches and that it is now in confidential discussions […]

  • CMA CGM Nets Financing for NOL Takeover

    3 December 2015
    Business & Finance

    Efforts of the French container shipping company CMA CGM to secure financing for the purchase of Singapore-based Neptune Orient Lines Limited (NOL) seem to have borne fruit.   Namely, the company is reported to have received “firm commitment” from lenders HSBC, BNP Paribas and JPMorgan to bankroll the deal, Reuters reports citing sources familiar with the matter. CMA […]

  • CMA CGM begins eco-container trials

    4 November 2010

    CMA CGM is running trials of new eco-containers manufactured with Eko-Flor non-wood composite flooring. The shipping line has been implementing modern eco-conception techniques for several years in order to avoid the harmful impact of container floorings production on rainforest deforestation. CMA CGM said it was first to launch eco-containers made floors made of Bamboo (pictured) […]

  • Maersk and CMA CGM Eyeing Hamburg Süd

    30 November 2016
    Business & Finance

    Container shipping giants Maersk and CMA CGM are the two frontrunners in the race for Hamburg Süd, but the high asking price could prove to be the main stumbling block, according to container shipping analyst Alphaliner. The potential sale of Hamburg Süd is attracting interest among top-tier ocean carriers, Alphaliner said. The largest obstacle to […]

  • Volumes up, Profit down at CMA CGM

    29 August 2014
    Business & Finance

    The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2014. In the second quarter, in a market environment shaped by diverging developments in different regions: Consolidated […]

  • CMA CGM Invests in New Information System

    22 October 2013
    Business & Finance

    CMA CGM, a global leader in container shipping, present in 150 countries with 650 agencies and 18,000 professionals worldwide, is investing in a new Information System at the forefront of innovation. It will enable the Group to develop the first system totally dedicated to container shipping, thereby consolidating its position as the world’s third largest […]

  • CMA CGM Improves Its SAMWAF Service

    10 March 2014
    Business & Finance

    The CMA CGM Group has announced the improvement of its SAMWAF service from South America to West Africa with the addition of a new call in Tema, Ghana. This new call in Tema will allow the CMA CGM to offer a direct service to the Ghanaian market from South America East Coast as well as […]

  • Two CGG Members Honored By GS Houston

    9 July 2014
    Business & Finance

    Dan Hampson and Brian Russell of CGG have been awarded Honorary Membership of the Geophysical Society of Houston (GSH) during its 2014 Annual Honors and Awards Banquet. Honorary Membership of the GSH is conferred in recognition of a distinguished contribution to the geophysical profession. It is the highest award bestowed by the GSH and Brian […]

  • Myanmar: CGG Launches Subsurface Imaging Center

    2 July 2014
    Business & Finance, Equipment, Research & Development

    CGG has recently inaugurated an open subsurface imaging center in Yangon to service and support anticipated growth in Myanmar’s oil and gas exploration sector.   The new center is the first of its kind to be opened in Myanmar by a major international geoscience company. The inauguration ceremony was attended by Myanmar’s Deputy Minister for […]

  • CGG Revenues Up 11 Pct (France)

    3 May 2013
    Business & Finance

    CGG announced today its non-audited first quarter 2013 consolidated results. All comparisons are made on a year-on-year basis with CGG 2012 results and before the acquisition of Fugro Geosciences. The company reports an excellent start to the year with an EBIT at $162 million including a $35 million positive non-recurring impact from the Fugro Geosciences […]

  • CGG in Record Q4 Multi-Cliet Sales

    6 January 2015
    Business & Finance, Operations & Maintenance

    CGG has announced record quarterly multi-client sales and solid vessel production rate for the fourth quarter (Q4) 2014. Jean-Georges Malcor, CEO, CGG, said: “Our outstanding level of multi-client sales this quarter is clearly positive news given the unfavorable context of current oil prices. It also confirms client recognition of our excellent technology and the unique […]

  • CGG wraps up Perdido survey for Pemex

    26 September 2017

    CGG has completed ahead of schedule an 11,500 sq km wide-azimuth (WAZ) survey on behalf of Pemex in the deepwater Perdido area, the company said on Tuesday. According the the seismic company, the survey has been acquired perpendicularly to existing WAZ data and the combined Imaging of this first large-scale orthogonal WAZ data set is […]