3677 results found for 'cgx'

3677 results found for 'cgx'
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  • CMA CGM to phase out plastic waste shipping

    14 February 2022
    Environment, Infrastructure, Outlook & Strategy, Transition, Vessels, Vision

    French container shipping major CMA CGM will no longer be transporting any plastic waste aboard its ships, Rodolphe Saadé, Chairman and CEO of the group announced.

  • Commercial Court of Paris Approves CGG Safeguard Plan

    4 December 2017
    Business & Finance

    CGG informed that the Commercial Court of Paris has approved the safeguard plan of CGG. The approval comes after finding the claims filed by certain holders of CGG’s convertible bonds against the safeguard draft plan inadmissible. The next procedural step of CGG’s financial restructuring is the hearing scheduled on December 21, 2017, to consider the […]

  • Eidesvik, CGG Reduce Day Rate for Viking Vanquish

    23 January 2017

    Eidesvik and CGG have agreed on changes to the bareboat contract for the seismic vessel Viking Vanquish. The contract expires in November 2020 effective from January 2017. The day rate will be reduced for the rest of the contract, Eidesvik informed. Eidesvik will receive listed senior notes maturing 2021 and other debt instruments as compensation. The […]

  • CGG, Lundin Present New Solution for Seismic Acquisition

    29 August 2016
    Business & Finance, Equipment, Operations & Maintenance

    CGG has launched its latest offshore broadband seismic technology, the so-called TopSeis, specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer seismic. According to CGG, the lack of near offsets leads to an inability to image shallow geological features, such as faults, gas pockets, channels and stratigraphic pinch-outs, effectively. By overcoming this shortcoming, CGG […]

  • CGG Q3 Fleet Production Rate at 92 Pct

    8 October 2015
    Business & Finance, Operations & Maintenance

    French seismic contractor, CGG, has seen its vessel availability rate at 84 per cent, compared to a 74 per cent availability rate in the first quarter of 2015 and a 92 per cent rate in the second quarter of 2014. The vessel production rate was 92 per cent, compared to a historic high 94 per […]

  • CGG Announces Closing of Seabed Geosolutions Joint Venture

    18 February 2013
    Business & Finance

    Fugro N.V. and CGG announce the closure of the previously announced Seabed Geosolutions joint venture on 15 February 2013. The closure completes the process of incorporation of the ocean bottom node businesses from Fugro and CGG, and the CGG transition zone, ocean bottom cable and permanent reservoir monitoring activities in a joint venture. In addition […]

  • CGG, NPD Ink Diskos Data Management Contract

    10 December 2013
    Business & Finance, Project & Tenders

    CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract includes implementation of software during 2014 and operation of the database from 2015 through to the end […]

  • CGG starts OBN survey in U.S. Gulf of Mexico

    14 May 2019

    The survey is being carried out in the north-central region of the Gulf of Mexico.

  • CGG delivers Angola seismic survey results to BP

    2 October 2019

    CGG Subsurface Imaging, part of CGG’s Geoscience division, has delivered results of a broadband 4D monitor survey offshore Angola to BP.

  • Kvaerner to install Husky’s West White Rose CGS

    12 October 2017
    Business & Finance, Project & Tenders

    Canada’s Husky Energy has awarded engineering and construction services company Kvaerner a contract to tow and install the concrete gravity structure (CGS) for the West White Rose Project offshore Canada. Husky said that the West White Rose CGS installation is scheduled for the second quarter of 2021. The Canadian company is the operator of the […]

  • Brazil: CGG begins seismic shoot in Espirito Santo

    29 August 2017

    French geophysical company 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. CGG said on Tuesday that the Oceanic Champion was acquiring the survey, which is expected to take seven months. This industry-supported survey will cover 10,300 […]

  • CGG’s Gulf of Mexico multi-client program prefunded

    29 October 2014
    Equipment

    CGG has announced another major commitment to its Gulf of Mexico StagSeis multi-client program with the prefunding of the entire 871-offshore-block program by an international E&P company.  Representing over 20,000 sq. km, this new full-program commitment for all three StagSeis surveys, IBALT, DEUX and TROIS, comes in addition to significant prefunding by several other E&P […]

  • AziLat buys two OGX’s blocks offshore Brazil

    19 October 2015

    AziLat Ltd., an oil and gas exploration company focused on South America will buy two offshore blocks in Brazil from OGX Petróleo e Gás S.A. (“OGX”). The blocks CE-M-603 and POT-M-475 are located in the Ceará Basin and the Potiguar Basin, respectively, and are operated by ExxonMobil Exploração Brasil Ltda (“ExxonMobil”). AziLat Managing Director, Michael Stewart, said: […]

  • PTTEP renews CGG’s dedicated center contract in Thailand

    20 June 2017
    Business & Finance

    French geophysical company CGG has won a contract renewal from Thailand’s PTT Exploration & Production Public Company Limited (PTTEP) for the dedicated processing center (DPC) in Bangkok.  CGG has been operating the center in Bangkok on PTTEP’s behalf since November 2013. The French company, which recently filed for bankruptcy in France and the U.S., said on Tuesday […]

  • CGG slashes dayrate for seismic vessel Viking Vanquish

    23 January 2017

    Norwegian shipping company Eidesvik Offshore and French geophysical services company CGG have agreed to reduce the dayrate for the seismic vessel Viking Vanquish, effective from January 2017. Eidesvik said on Monday that the bareboat contract for the seismic vessel expires in November 2020 and the dayrate will be reduced for the rest of the contract. […]

  • Brazil: OGX Hires AHTS Vessel from DOF

    10 January 2012
    Business & Finance

    DOF has agreed a new 2 year contract with OGX for Skandi Møgster in Brazil. The new contract with OGX, a second largest oil & gas company in Brazil, after Petrobras, will commence in March 2012. OGX’s exploratory blocks in Brazil are located in the Campos, Santos, Espírito Santo, Pará-Maranhão and Parnaíba basins. The company […]

  • Brazil: First Oil Flows from OGX’s Waimea

    30 January 2012
    Business & Finance

    OGX announces the beginning of the opening procedure of well OGX-26HP, in Waimea. OGX, the oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announces that at 19h46min40sec on Saturday 28th January, the opening procedure of FPSO OSX-1 first well, denominated OGX-26HP, has been initiated. The procedure involves the injection […]

  • Brazil: OGX Increases Stake in Campos Basin Blocks

    23 March 2012
    Business & Finance

    OGX has acquired an additional 20% stake in blocks BM-C-37 and BM-C-38, in the shallow waters of the Campos Basin, from its partner Maersk Oil, becoming operator of these blocks. OGX now holds a 70% interest in these blocks, with Maersk Oil holding the remaining 30%. “This transaction reflects not only our interest in continuing […]

  • CGG shoots seismic in Espirito Santo Basin (Brazil)

    15 May 2014
    Business & Finance

    CGG announced today that it has started acquiring a large BroadSeisTM 3D multi-client survey program in the deep and ultra-deep waters of the Espirito Santo Basin.   The company says that the project has received high prefunding from major industry players. The Espirito Santo Phase III survey will cover an area of over 9,500 km². […]

  • CMA CGM Concludes Biofuel Tests with IKEA, GoodShipping

    28 November 2019
    Business & Finance

    CMA CGM, the GoodShipping Program and IKEA have completed their 2019 biofuel test program.

  • CMA CGM Launches Shipping Trade Finance Services

    22 October 2019
    Business & Finance

    The import and export financing services range, Shipfin Trade Finance, was set up with invoice finance platform Incomlend.

  • Arup to design wellhead platform CGS for Husky’s WREP

    18 April 2014
    Business & Finance, Equipment, Project & Tenders

    Arup, a multidisciplinary engineering and consulting firm, has been selected by Husky Energy to carry out the detailed engineering design for the White Rose Extension Project concrete gravity structure. Subject to partner, corporate and regulatory approvals, WREP is being developed through the construction of a wellhead platform, and Arup will be responsible for the DED […]

  • Gardline CGG wins three offshore survey contracts

    17 April 2014

    Gardline CGG, a Singapore-based joint venture company between Gardline Geosurvey and CGG, has informed that the M/V Duke survey vessel has been awarded three contracts for 2D seismic survey and geochemical sampling with major companies in Australia and South East Asia. The contracts have a combined duration of approximately 100 days and an estimated value of […]

  • Brazil: OGX to Sell First Waimea Oil to Shell

    7 October 2011
    Business & Finance

    OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, today announced that on October 6, 2011 it has signed a commercialization agreement with Shell Western Supply and Trading Ltd for the sale of first two shipments of oil from the Waimea accumulation, in block BM-C-41, in the shallow […]

  • SGX, Baltic Exchange Reach Deal on Takeover Terms

    22 August 2016
    Business & Finance

    Singapore Exchange Limited (SGX) and The Baltic Exchange Limited (Baltic Exchange) have agreed on the terms for a recommended offer by SGX for the entire issued share capital of the Baltic Exchange. The announcement follows a period of extensive consultation with Baltic Exchange shareholders and other stakeholders. Under the terms of the proposed acquisition, Baltic Exchange […]