3673 results found for 'cgx'

3673 results found for 'cgx'
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  • 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 […]

  • 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 […]

  • CGG, TGS partner up in Barents Sea survey

    11 February 2019

    French seismic company CGG has teamed up with Norway’s TGS to carry out a seismic survey in the Barents Sea offshore Norway.

  • CGG to launch multi-client survey off Gabon

    29 September 2014
    Business & Finance, Equipment

    CGG has signed an exclusive multi-client data agreement with the Ministère du Pétrole et des Hydrocarbures of the Republic of Gabon. As a result of this agreement, CGG is launching a new multi-client survey program to acquire 35,000 km2 of BroadSeisTM 3D data over the latest available and awarded deepwater blocks offshore Gabon and 9,900 […]

  • 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 Completes First BroadSeis-BroadSourceTM Survey in Australia

    25 September 2013
    Business & Finance

    CGG announced today the successful completion of its first BroadSeis-BroadSourceTM survey in Australia in July of this year. The ‘Sandman’ deepwater broadband survey on the Northwest Australian shelf was awarded to CGG by Shell Development Australia Pty Ltd. The 2810-km2 3D BroadSeis survey was acquired by the Viking Vision towing a 12 x 100 x […]

  • 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 […]

  • 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 […]

  • MSC, CMA CGM Present Plans for Fuel Surcharges

    25 September 2018
    Business & Finance, Rules & Regulation

    Shipping majors MSC and CMA CGM unveiled a new fuel adjustment surcharge ahead of the 2020 sulphur cap.

  • 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 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 […]

  • 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

  • CGG completes processing of seismic data offshore the Philippines

    17 March 2017

    French geophysical services company CGG has completed processing of the Carabao regional multi-client study acquired offshore the Philippines. CGG said on Wednesday that the study integrated over 8,500 kilometers of new broadband pre-stack time-migrated 2D BroadSeis data and complementary marine gravity and magnetic data acquired with the seismic. According to the company, the processed data […]

  • CGG cuts rates for two more seismic vessels

    23 January 2017

    Following dayrate reduction for an Eidesvik-owned seismic vessel, the French-based geophysical company CGG has slashed the dayrates for two more seismic vessels.  Earlier on Monday, Offshore Energy Today reported that CGG had agreed with Eidesvik Offshore to reduce the dayrate for the seismic vessel Viking Vanquish, effective from January 2017. CGG later informed that, as part of its focus […]

  • 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 […]

  • CMA CGM Rhone Welcomed to French Liner’s Fleet

    23 February 2015
    Business & Finance

    The CMA CGM Group’s latest fleet addition, the 9,365-TEU CMA CGM Rhone, embarked on her maiden voyage from China on February 20th, 2015. CMA CGM Rhone, sailing under the Malta flag, is the 4th vessel of this class built at the Chinese construction site DSIC (Dalian, PRC). It is the 7th in a series of 28 ships from 9,400 TEUs […]

  • CMA CGM Opts for DP World London Gateway

    9 February 2015
    Business & Finance

    Container shipping company CMA CGM has launched services from West Africa to DP World London Gateway Port. The CMA CGM EURAF2 service is calling direct to Nigeria, Ghana, and the Ivory Coast providing some of the fastest transit times in the market. The service, which will be provided through partnership with Hapag-Lloyd and MOL, started […]

  • CMA CGM Posts Third Quarter Financial Results

    25 November 2013
    Business & Finance

    The Board of Directors of CMA CGM Group, the world’s third largest container shipping group, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the third quarter 2013. During the period, consolidated revenue amounted to $4.1 billion, up 1.4% over the second quarter and down […]

  • EU green lights CMA CGM’s takeover of Containerships

    24 October 2018

    French shipping giant CMA CGM has gained an approval from the European Commission to acquire Finland’s Containerships. To remind the deal between CMA CGM and Container Finance was announced back in June and it includes Container Finance’s holdings in Multi-Link Terminals and CD Holding. The European Commission said in its approval dated October 23 that the combination would not affect […]

  • CMA CGM’s third LNG-powered giant delivered

    30 November 2020
    Infrastructure, Vessels

    CMA CGM’s third ultra-large LNG-powered containership Palais Royal left the Jiangnan shipyard on Changxing Island.

  • CGG to Conduct Seismic Survey Offshore W. Africa

    1 October 2013

    CGG announced today that it has received a Letter of Award for a large high-end seismic acquisition program offshore West Africa. The survey will mobilize the Geo Coral, Geo Barents and Pacific Finder vessels to conduct a 1,484 km2 BroadSeis wide-azimuth survey. The program is scheduled to start in mid-October and last for nine months. […]