3671 results found for 'cgx'

3671 results found for 'cgx'
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  • Moody’s Downgrades CMA CGM due to Weakened Liquidity

    26 September 2019
    Business & Finance

    CMA CGM’s liquidity profile weakened in the last 12 months as a consequence of the CEVA Logistics acquisition.

  • Mexican Navy Intercepts Cocaine on CMA CGM Boxship

    23 September 2019

    The drugs were seized at the Port of Lázaro Cárdenas.

  • CMA CGM Pledges Not to Use the Northern Sea Route

    26 August 2019
    Business & Finance

    Saadé said that none of CMA CGM’s 500 vessels will use the Northern Sea Route along Siberia.

  • CMA CGM’s Execs Take Top Positions at NOL

    14 June 2016
    Business & Finance

    Executives from the French container shipping giant CMA CGM have been elected to take the top positions at Neptune Orient Lines (NOL), after CMA CGM acquired the controlling stake in the company. Namely, NOL’s Board of Directors, chaired by Rodolphe Saadé, named Nicolas Sartini as NOL Chief Executive Officer and Serge Corbel as NOL Chief Financial Officer. The two also […]

  • CMA CGM Linked to 6 Boxships Order at HHI

    10 June 2015
    Business & Finance

    French liner giant CMA CGM is reported to have ordered six 14,000 TEU boxships at Korean shipbuilding conglomerate Hyundai Heavy Industries. Under the deal, the ships would be built at HHI’s Ulsan yard. The expected delivery of the ships is slated for early 2017. The deal was confirmed to Lloyd’s List by the company’s spokesperson. […]

  • CGG Gets Santos Basin OBN Processing Contract

    20 July 2017
    Business & Finance, Equipment, Operations & Maintenance

    CGG has been awarded a contract by Petrobras to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2180 km² in Brazil’s deepwater Santos Basin. This will be the largest node survey ever acquired and processed in the industry. The survey will be acquired by Seabed Geosolutions, […]

  • CGG: Banda Arc Seismic Data Ready for Delivery

    23 September 2015
    Operations & Maintenance

    CGG announced that all four phases of its BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East Indonesia and Timor Leste have now been fully processed and are ready for delivery. The regional program, totaling more than 14,000 km of broadband seismic data, was acquired in co-operation with the Indonesian Directorate General of […]

  • CGG seeks stakeholder support amid financial restructuring

    12 May 2017
    Business & Finance

    French geophysical services company CGG is seeking stakeholder support for its financial restructuring proposal as it continues to negotiate the terms.  On March 3, 2017, CGG entered into a financial restructuring process involving the full conversion of its unsecured debt into equity and the extension of the maturities of its secured debt with the aim of […]

  • CGG GeoConsulting to supply digital well products to OGA

    1 June 2017
    Business & Finance

    CGG GeoConsulting has been awarded a contract to supply digital well products to the Oil & Gas Authority (OGA), the UK government oil and gas industry regulator. The awarded contract is part of a wider tender for comprehensive subsurface databases and information sources to encourage further exploration in underexplored areas of the UK Continental Shelf […]

  • CGG, LDA Enter Ship Management JV (France)

    16 April 2013
    Business & Finance

    CGG and Louis Dreyfus Armateurs Group (LDA) announced today the creation of a ship management joint venture, GeofieLD Ship Management Services. Co-owned 50% by CGG and 50% by Louis Dreyfus Armateurs Group, the new joint venture will provide maritime ship management services for five of CGG’s high-capacity 3D seismic vessels. This equal ownership reflects the […]

  • OGX July Production at 13.7 Thousand Boepd (Brazil)

    9 August 2013
    Business & Finance

    OGX Petróleo e Gás Participações S.A. (“OGX”), announces that its average oil and natural gas production for July 2013 reached 13.7 thousand barrels of oil equivalent per day (boepd). Of this amount, 0.9 thousand boepd corresponds to the offshore average production at Tubarão Azul Field, in the Campos Basin, and 12.8 thousand boepd (2.0 million […]

  • CGG Days from Buying Fugro’s Geoscience Branch

    28 January 2013

    CGG, a seismic data acquisition & processing company based in France, announced today that the main agreements needed to close the acquisition of Fugro’s Geoscience Division have been signed. The effective date of the closing will be January 31st, 2013, with the exception of the airborne activity and certain minor assets which will be contributed […]

  • CMA CGM Gets EU Approval for Containerships Takeover

    24 October 2018
    Business & Finance

    CMA CGM received a green light from the European Commission to acquire Finland’s Containerships.

  • Report: SGX Working on Formal Offer for Baltic Exchange

    3 August 2016
    Business & Finance

    The Singapore Exchange (SGX) is preparing a formal offer to purchase London’s Baltic Exchange, after the parties entered exclusive talks on the acquisition in May, Reuters cited sources close to the matter. The sources added that both parties reached key milestones related to the acquisition. Following discussion with a number of interested bidders, which included CME Group […]

  • CMA CGM Confirms Order for 22,000 TEU Giants

    15 September 2017
    Business & Finance

    French container shipping major CMA CGM has confirmed the order for nine 22,000 TEU containerships while releasing results for the second quarter of 2017. “In order to keep pace with market growth and the group’s needs, the Board of Directors of CMA CGM has approved the order for 9 container ships of 22,000 twenty-foot equivalent […]

  • CGG, LDA Form Ship Management Joint Venture

    16 April 2013
    Business & Finance

    CGG and Louis Dreyfus Armateurs Group (LDA) announced today the creation of a ship management joint venture, GeofieLD Ship Management Services. Co-owned 50 % by CGG and 50 % by Louis Dreyfus Armateurs Group, the new joint venture will provide maritime ship management services for five of CGG’s high-capacity 3D seismic vessels. This equal ownership […]

  • CMA CGM to Bring Artificial Intelligence on Board Ships

    5 June 2018
    Business & Finance

    CMA CGM has teamed up with startup company Shone to embed artificial intelligence on board ships.

  • CMA CGM Ship Catches Fire off Spain

    28 March 2017
    Business & Finance

    The 9,415 TEU containership CMA CGM Fidelio caught fire while it was sailing off the coast of Ibiza, Spain on March 24, a representative of the vessel’s owner, the French shipping giant CMA CGM, confirmed. The fire, which started in the back of the ship at 4 am, was soon extinguished and CMA CGM Fidelio continued its […]

  • Jamaica: CMA CGM Invests USD100 Million in KCT

    8 August 2011

    French shipping group CMA CGM will invest US$100 million (J$8.6 billion) and employ 1,000 in exchange for a 35-year lease to set up a… (jamaica-gleaner) [mappress] Source: jamaica-gleaner, August 8, 2011

  • CMA CGM targeted by hackers in new cyber attack

    20 September 2021
    Infrastructure, IT & Software, Safety

    French container shipping major CMA CGM has been hit by a new cyber attack targeting customer information.

  • CGG Delivers Q1 2014 Vessel Utilization Report

    9 April 2014
    Business & Finance

    CGG provided its vessel utilization and its fleet allocation updates for the first quarter of 2014. During the first quarter of 2014, the CGG Symphony has definitely stopped operations on February 10th. Vessel utilization for the first quarter of 2014: The vessel availability rate was 94%. This compares to a 88% availability rate in the first quarter of […]

  • CGG Wins 3D Seismic Gig Off Gabon

    29 September 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    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 km […]

  • CGG: Broadband Brings New Life to North Sea

    19 June 2014
    Business & Finance, Research & Development

    The Central North Sea (CNS) is a mature basin, yet still rich in opportunities for the discovery and development of new fields. Although this seems somewhat contradictory, targets continue to be elusive as the area is notoriously difficult for seismic imaging, especially the deep High-Pressure High-Temperature (HPHT) part of the Central Graben. CGG has been […]

  • CGG Announces Closing of Fugro’s Airborne Activities Acquisition

    3 September 2013
    Business & Finance

    CGG announced that the main administrative authorizations have now been received allowing CGG to close its acquisition of Fugro’s Airborne activities. Certain administrative actions are still to be completed, but these do not impact business continuity and are expected to be finalized shortly. The Airborne acquisition concretizes the final stage in CGG’s successful acquisition and […]

  • CGG Delivers 4D Imaging Data for BP Angola

    2 October 2019
    Operations & Maintenance

    CGG Subsurface Imaging, part of CGG’s Geoscience division, has delivered broadband 4D seismic results from BP Angola’s latest monitor survey. The enhanced imaging volumes from the Greater Plutonio development in the Lower Congo Basin were delivered four weeks early. Radwa El Zidan, geophysicist from the BP-Angola asset team, said: “We were very impressed by the […]