3682 results found for 'cgx'

3682 results found for 'cgx'
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  • CGG gains extension for 3D survey offshore Colombia

    3 February 2016
    Business & Finance

    CGG, a geoscience company, has been awarded an extension to a 3D seismic survey it completed on the Caribbean coast offshore Colombia in late 2015. According to the company, 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 was the largest survey […]

  • Chevron sells Gulf of Mexico assets to Cox Oil

    18 April 2016
    Business & Finance

    Oil major Chevron and a privately owned, independent oil and gas company, Cox Oil, have completed a transaction in which Cox Oil acquired a number of assets in the U.S. Gulf of Mexico from Chevron. Cox Oil said that the acquisition included 19 fields and associated assets located primarily on the GOM Outer Continental Shelf and in […]

  • CGG narrows 4Q loss. Gets NYSE warning

    3 March 2016

    French geophysical services company, CGG, has posted a net loss for the fourth quarter 2015 following non-recurring charges mainly related to redundancies, and asset impairments.  The geophysical company narrowed its net loss during 4Q 2015 at $256 million, after non-recurring charges, compared to $667 million loss in the corresponding period in 2014. Following the strong deterioration […]

  • French seismic player CGG names new CEO

    26 March 2018

    France’s marine seismic acquisition specialist CGG has appointed Sophie Zurqzuyah as its new CEO

  • CMA CGM, Elengy & others to study production of BioLNG

    5 July 2021
    Business & Finance, Collaboration, Environment, Infrastructure, Research & Development, Transition

    French liner major CMA CGM has teamed up with EveRé, operator of the multi-process household waste treatment plant, Elengy, a subsidiary of Engie, and TotalEnergies to study the feasibility of creating France’s first production unit for liquefied biomethane (BioLNG). BioLNG, a low-carbon alternative fuel for shipping, would be produced by converting the biodegradable part of […]

  • CMA CGM welcomes final LNG-powered ULCV

    30 June 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    CMA CGM Sorbonne, the last LNG-fueled, 23,000 TEU containership out of a series of nine giant boxships being built in China, has been delivered to French shipping major CMA CGM.

  • CMA CGM Selects VINCI to Extend Kingston Port

    3 August 2016
    Business & Finance

    French container shipping company CMA CGM has awarded a USD 147 million contract to a joint venture consisting of Jan de Nul, VINCI Construction Grands Projets and EMCC, to extend the port of Kingston, Jamaica.  The contract covers the refurbishment, reinforcement and upgrade to seismic standards of 1,200 meters of quays. In addition, the joint venture will […]

  • CMA CGM Takes Delivery of Its Largest Boxship

    26 January 2018
    Business & Finance

    CMA CGM has taken delivery of CMA CGM Antoine de Saint Exupery, a 20,600 TEU boxship, from HHIC-Phil.

  • Alphaliner: CMA CGM, PSA Singapore to Join Forces

    10 June 2016
    Business & Finance

    French container shipping major CMA CGM and PSA Singapore Terminals are planning to establish a joint venture company to lease and operate four container berths in the port of Singapore, according to Alphaliner. The joint venture would be owned in proportions of 49% and 51%, respectively. With an estimated annual handling capacity of over 3 Mteu, the joint […]

  • Hanjin to Build CMA CGM’s 20,000 TEU Titans

    6 April 2015
    Business & Finance

    South Korean shipbuilder Hanjin Heavy Industries confirmed on Monday that it will build the three CMA CGM’s 20,600 TEU boxships as the French liner company joins the club of 20,000 TEU owners. The liner company announced the construction plans at the end of March, without disclosing details on the potential builder of the ships. The ships will […]

  • Founder of CMA CGM Jacques Saadé Dies at 81

    25 June 2018
    Business & Finance

    Jacques R. Saadé, the founder of CMA CGM, passed away on June 24, 2018 at the age of 81.

  • Yildirim Acquires 20% of CMA CGM for $500 Million

    26 November 2010

    CMA CGM SA, the French shipping business reorganizing about $5 billion of debt, said it will receive an investment of $500 million from Turkish family-owned company Yildirim in return for a 20 percent stake. The accord means CMA CGM, the third-largest container shipper, is nearing an agreement with creditors, Deputy Chief Executive Officer Rodolphe Saade […]

  • CGG, Sovcomflot Launch Seismic Acquisition Joint Venture

    19 June 2014
    Business & Finance

    Geoscience specialist CGG and Russian shipper Sovcomflot have signed a joint venture agreement to form a company dedicated to conducting 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture, to be called Arctic Geophysical Exploration (AGE), will be 51 per cent owned by Sovcomflot and 49 per cent owned […]

  • CMA CGM to Sell Majority Stake in GGS Terminal

    3 July 2017
    Business & Finance

    French shipping major CMA CGM has signed a binding agreement for the sale of a 90% equity interest in Global Gateway South terminal in Los Angeles (USA). Under the agreement signed with EQT Infrastructure III and its partner P5 Infrastructure on July 1, the share will be acquired for an enterprise value of USD 875 million. CMA CGM […]

  • VIDEO: CMA CGM’s Sea Giant Arrives in LA

    27 December 2015
    Business & Finance

    The Port of Los Angeles welcomed the largest container ship ever to call at a North American port at dawn on Saturday, December 26. Launched by the French shipping line CMA CGM on December 10, the CMA CGM Benjamin Franklin is 1,300 feet long, 177 feet wide and has the capacity of nearly 18,000 containers, including […]

  • Fincantieri and Gibbs & Cox in Ship Designing Joint Venture

    7 August 2015
    Business & Finance

    Fincantieri Marine Group, the U.S. subsidiary of the Italian shipbuilder Fincantieri, and the U.S. naval engineering and design firm Gibbs & Cox have launched a joint strategic research and development initiative in the ship and vessel design arena. The initiative will focus on future ship and vessels concepts with applications within the United States as well […]

  • Brazil: OGX Discovers Hydrocarbons in Waikiki and Pipeline Accumulations

    21 April 2011
    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 today that it has identified the presence of hydrocarbons in the Albian section of 3-OGX-40D-RJS well and in the Albian-Cenomanian section of the well 3-OGX-41D-RJS, both appraisal wells from […]

  • Brazil’s OGX Declares Tubarão Azul Field Commercial

    15 May 2012

    Brazil’s OGX has presented to the National Petroleum, Natural Gas and Biofuels Agency (ANP) a Declaration of Commerciality of a portion of the Waimea Complex, for which the proposed new designation is Tubarão Azul Field, in block BM-C-41, in the shallow waters of the Campos Basin. OGX, the Brazilian oil and gas company responsible for […]

  • Fitch Downgrades OGX Rating to CCC. Outlook Negative

    3 July 2013

    Fitch Ratings views OGX Petroleo e Gas Participacoes S.A.’s (OGX) decision to cease the development of its Turbarao Azul Field as neutral to negative for the company’s credit quality given the already sluggish production performance and tightening liquidity position. On July 1, 2013, OGX announced its intention to suspend the development of this field due […]

  • CGG Acquires Data for New Gabonese Licence Round

    1 June 2016

    Following Gabonese 11th deepwater licensing round, CGG has worked with the Direction Generale des Hydrocarbures of Gabon (DGH) to acquire and process over 25,000 km2 of new 3D BroadSeis multi-client seismic data over blocks in the South Basin.  The company informed that the fast-track pre-stack time-migrated dataset for the survey is available now, along with […]

  • ADNOC Hires CGG for OBN Seismic Data Processing

    18 June 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsurface Imaging, part of CGG’s Geoscience division, has been awarded processing contract by the Abu Dhabi National Oil Company (ADNOC). Under its terms, CGG will perform time and depth imaging of massive volumes of very high-spec data from what is believed to be the world’s largest ocean-bottom node (OBN) seismic survey to date. Starting in […]

  • GRSE Launches Offshore Patrol Vessel CGS Barracuda

    14 August 2013
    Business & Finance

    Garden Reach Shipbuilders & Engineers Ltd. (GRSE) launched the Offshore Patrol Vessel (MOPV) built for the Government of Mauritius on 2 August 2013  from the main yard. The ship was launched by Mrs K. O. Fong Weng-Poorun, Senior Chief Executive of PMO, Govt of Mauritius in the presence of His Excellency Dr Arye Kumar Juggessar, […]

  • HHIC-Phil Launches CMA CGM’s Third Giant

    29 May 2018
    Business & Finance

    HHIC-Phil launched CMA CGM’s third boxship giant, CMA CGM Louis Bleriot, in April.

  • VBMS Secures Kriegers Flak CGS Cabling Gig

    15 December 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    VBMS has been awarded a contract by nkt cables for the installation of approximately 50 km of 150 kV AC high voltage submarine cables for the Kriegers Flak Combined Grid Solution (Kriegers Flak CGS). The project, owned by Energinet.dk and 50Hertz, will connect the future Danish offshore wind farm Kriegers Flak and the German offshore […]

  • CMA CGM’s incentive to ease congestion at California ports

    30 November 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Ports & Logistics

    Shipping and logistics company CMA CGM will implement an incentive program at the ports of Los Angeles and Long Beach to improve the fluidity of the largest import gateway in the U.S.