3682 results found for 'cgx'

3682 results found for 'cgx'
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  • China: JES Responds to SGX Query on Unaudited Financial Results

    24 November 2011

    JES International, Chinese shipbuilder, responded to SGX query on the unaudited financial results for the third quarter saying that its cashflow is sufficient to meet short term lending repayments. SGX Query addressed to JES said “The Company has Cash and Cash Equivalents of approximately RMB 554.6 million as at 30 September 2011. The Company also […]

  • Trinidad and Tobago hires CGG for multi-client reimaging program

    29 January 2024
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders, Technology

    Paris-based company CGG has signed an agreement with the Ministry of Energy and Energy Industries of Trinidad and Tobago to update 3D seismic data from deepwater blocks off the coast of Trinidad.  CGG will deliver improved images of seismic data from deepwater blocks 25a, 25b, 26, and 27 in the eastern Columbus Basin. The French […]

  • CMA CGM expands footprint in Brazil with latest stake acquisition

    23 September 2024
    Business & Finance, Business Developments & Projects, Ports & Logistics

    French shipping colossal CMA CGM is set to strengthen its position in Brazil’s maritime sector with the purchase of a nearly 48% stake in Santos Brasil Participações, a major Brazilian multi-terminal operator, from funds managed by Opportunity Funds. The deal, expected to close by early 2025 pending regulatory approval, is projected to give CMA CGM—which […]

  • CMA CGM-chartered boxship runs aground in Mississippi River

    30 March 2020
    Infrastructure, Regulation & Policy, Safety, Vessels

    A Liberia-flagged containership ran aground in the Mississippi River on March 27.

  • Regulator clears CGG’s Sauropod 3D seismic survey plan

    17 February 2022
    Business Developments & Projects, Project & Tenders

    Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved CGG Services Australia’s (CGG’s) proposal to undertake the Sauropod 3D marine seismic survey.

  • CGG Appoints Senior Executive VP of GGR Division (USA)

    6 February 2013
    Business & Finance

      CGG announces today the appointment of Sophie Zurquiyah as Senior Executive Vice President of the Geology, Geophysics & Reservoir (GGR) Division. Zurquiyah joined CGG on February 5th and will be based in Houston, Texas. Zurquiyah is a graduate of the Ecole Centrale de Paris and holds a Master of Science in Numerical Analysis from the […]

  • CMA CGM turns to Wärtsilä for methanol-fuelled auxiliary engines

    1 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Green Marine, Outlook & Strategy, Transition, Vessels

    Technology group Wärtsilä has won a contract to supply methanol-fuelled auxiliary engines for the French shipping company CMA CGM. The engines have been ordered for six 15,000 TEU container vessels which are being built at the Dalian Shipbuilding yard in China. The order was booked by Wärtsilä in Q2 2023. The six container vessels will […]

  • Report: CMA CGM Courting Lenders to Back NOL Buy

    1 December 2015
    Business & Finance

    French liner giant CMA CGM is reported to be in talks with lenders with regard to its potential purchase of Singapore-based Neptune Orient Lines Limited (NOL).   The lenders in question include NP Paribas SA, HSBC Holdings Plc and JPMorgan Chase & Co., Bloomberg reports citing sources close to the matter. CMA CGM initiated exclusive discussions with NOL, the […]

  • CGG Names New Executive Vice President HR (France)

    15 April 2013
    Business & Finance

    CGG announces the appointment of David Dragone as Executive Vice President, Human Resources (HR). David takes over from Pascal Rosset who is assigned to other duties within the Group. Reporting to General Management, David becomes a permanent member of CGG’s Executive Committee and Management Committee. David is based in Paris. This appointment took effect on […]

  • CMA CGM, MSC to Become Members of TradeLens Blockchain Platform

    28 May 2019
    Business & Finance

    CMA CGM and MSC are to join TradeLens, a blockchain-enabled digital shipping platform.

  • Brazil: DOF Extends Contract with OGX for AHTS Skandi Mogster

    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 will commence in March 2012. Skandi Møgster, built by Kværner Kleven Leirvik in 1998, is an AHTS with 16.000 BHP and 192 T Bollard Pull. The DOF group operates within three different segments in relation […]

  • OGX: Technical Issues Affect March Oil Production (Brazil)

    17 April 2013
    Business & Finance

     OGX Petróleo e Gás Participações S.A. , Brazil’s largest private oil and natural gas exploration company, announces that its March 2013 average oil and natural gas production reached 15.1 thousand barrels of oil equivalent per day (boepd). Of this amount, 8.3 thousand boepd corresponds to the offshore average production at Tubarão Azul Field, in the […]

  • OGX Could Get Kicked Out of BS-4 Block

    30 December 2013

    QGEP Participações S.A. announces that its wholly owned subsidiary Queiroz Galvão Exploração e Produção S.A. (“QGEP”) received from the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP) the Notice nº 1845/2013/SDP, dated December 23, 2013, informing that certain measures have been taken in relation, among others, to Block BS-4 in the Santos Basin, offshore […]

  • PETRONAS Awards 3D Seismic Survey Contract to CGG (Malaysia)

    5 September 2013
    Business & Finance

    CGG announced today its award by PETRONAS of a contract to acquire and process a 10,000km2 3D seismic survey program offshore Sabah and Sarawak in Malaysia using BroadSeisTM, CGG’s broadband marine solution. The survey started in August and is due to last five months. The survey dataset will be processed in CGG’s Kuala Lumpur data […]

  • CMA CGM Alexander Von Humboldt Calls at KCT (UAE)

    26 June 2013
    Business & Finance

    Gulftainer, the world’s largest privately owned independent port management and logistics company, welcomed CMA CGM’s Alexander Von Humboldt containership on its maiden voyage and call at the Khorfakkan Container Terminal (KCT). The Alexander Von Humboldt, named after the German naturalist, geographer and explorer, is one of the three explorer class container vessels belonging to CMA […]

  • CGG Finalizes Processing of Carabao Study Data Off Philippines

    17 March 2017

    CGG informed that the final geoscience data for its Carabao multi-client study, acquired offshore the Philippines, is now ready for delivery. The study integrates over 8,500 km of new broadband prestack time-migrated 2D BroadSeis data and complementary marine gravity and magnetic data acquired with the seismic, CGG explained. The BroadSeis data were acquired from May to […]

  • SeaBird buying Geowave Voyager seismic vessel from CGG

    12 July 2018

    Seismic vessel fleet owner SeaBird Exploration is in talks to buy the Geowave Voyager vessel and some seismic equipment from France’s CGG for $17 million. The Geowave Voyager was built in 2009 for an original construction cost of $120 million, excluding in-sea recording and source equipment, and has the capacity to tow up to 10 […]

  • CGG finalizes restructuring plan initiated over a year ago

    22 February 2018
    Business & Finance

    French geophysical services company CGG has finalized the implementation of its financial restructuring plan launched over a year ago.  Following shareholders’ approval of all resolutions required to implement CGG’s financial restructuring plan in November, CGG’s plan was approved by the Commercial Court of Paris in December 2017. Upon the finalization of the restructuring plan on Wednesday, CGG said […]

  • CGG Launches New Version of Reservoir Characterization Software Suite

    24 September 2013
    Business & Finance, Equipment, Research & Development

    CGG announced that Jason, a CGG company specializing in seismic reservoir characterization software and services, has launched version 8.4 of its reservoir characterization software suite. The powerful new release optimizes field development, reservoir management and well planning by providing a streamlined workflow that yields timely answers for critical decisions. Value in Unconventional Plays Jason 8.4 […]

  • Brazil: OGX Orders Three FPSO Vessels from OSX

    14 April 2011
    Business & Finance

      OSX Brasil S.A., a Brazilian corporation engaged in the equipment and services sector for the offshore oil and gas industry, by means of integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, announces that it has has received from its client OGX Petróleo e Gás (“OGX”) […]

  • France: Abeille Bourbon Tows CMA CGM Marco Polo

    12 March 2013
    Business & Finance

    On March 9th, the crew on the Abeille Bourbon successfully completed towing operations on the CMA CGM Marco Polo, the jewel in CMA CGM’s crown and the largest containership in the world capable of carrying up to 16,020 TEUs, as part of an type approval testorganized by the Atlantic French Maritime Prefecture. The Abeille Bourbon […]

  • CMA CGM Compromising to Get EU’s Nod on NOL Takeover

    11 April 2016
    Business & Finance

    French liner giant CMA CGM submitted on Thursday a filing to the European Commission that is said to contain concessions expected to ensure the antitrust approval of its USD 2.4 billion takeover of Singaporean counterpart Neptune Orient Lines, data on the European Commission website shows. Under the proposal, the French company is expected to withdraw NOL’s APL from competing shipping alliances, Reuters […]

  • CMA CGM Posts 67 Percent Quarterly Profit Growth

    31 August 2015
    Business & Finance

    French container line CMA CGM Group recorded USD 156 million net profit for the quarter ended June 30, up 66.7% compared to USD 94m net profit in the second quarter of 2014, with greater volumes carried and a dip in unit costs helping offset a sharp fall in freight rates and industry overcapacity.  Volumes carried during the second […]

  • CMA CGM Posts 67 Percent Quarterly Profit Growth

    31 August 2015
    Business & Finance

    French container line CMA CGM Group recorded USD 156 million net profit for the quarter ended June 30, up 66.7% compared to USD 94m net profit in the second quarter of 2014, with greater volumes carried and a dip in unit costs helping offset a sharp fall in freight rates and industry overcapacity.  Volumes carried during the second […]

  • CMA CGM Group, LPLE Sign Lekki Port Deal

    16 April 2018
    Business & Finance

    The CMA CGM Group and Lekki Port LFTZ Enterprise (LPLE), the promoters of Lekki Deep Sea Port, have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. Located in Nigeria, Africa’s largest economy, the future Lekki Deep Sea Port will be developed, built and operated by LPLE, a joint venture enterprise led […]