3682 results found for 'cgx'

3682 results found for 'cgx'
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  • CGG to Spur ViaLogy Growth

    29 April 2013
    Business & Finance, Equipment

    ViaLogy announces today that it has signed a Business and Technical Collaboration Agreement with CGG (CGG)  of France, one of the world’s largest geosciences companies. It provides ViaLogy with global sales and services locations, access to CGG customers, assistance in scaling ViaLogy’s QuantumRD technology to large geographical areas, and specialized high tech data processing to […]

  • Technip Moves to Buy CGG

    20 November 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    French oil services provider Technip has announced that, on Monday, November 10, 2014, it approached CGG to create a first tier oil and gas services provider. The proposed transaction would take the form of a public tender offer in cash for CGG’s shares at a price of 8.30 euros per share. This industrial logic involves […]

  • CGG Adds New CFO

    26 July 2018
    Business & Finance

    CGG has appointed Yuri Baidoukov as group CFO, effective September 1, 2018. Yuri Baidoukov will be based in Paris and report to the chief executive officer, Sophie Zurquiyah. “I am very pleased that Yuri has agreed to join CGG and look forward to having him on the executive team,” said Sophie Zurquiyah. “Yuri’s extensive background in corporate […]

  • CGG Names New Boss

    26 March 2018
    Business & Finance, Equipment

    French seismic contractor has appointed Sophie Zurquiyah as the company’s new chief executive officer. This nomination should be effective at the end of the annual general meeting to be held on April 26, 2018, CGG noted. In December last year, it was announced that Jean-Georges Malcor had decided not to pursue his mandate once the […]

  • Wärtsilä Engines for CGS Vessels

    8 December 2009

    China Shipping Container Lines Co., Ltd. (CSCL), part of the China Shipping Group (CSG), has chosen Wärtsilä main engines for eight container vessels. The Wärtsilä engines for this order will be built under licence by Doosan Engine, Korea. Wärtsilä, the marine industry’s leading ship power system integrator, will supply a package of support services for […]

  • VOR: Cox up for the job

    22 April 2006

    Following in Mike Sanderson

  • CGG in Ghana seismic partnership

    30 August 2016
    Equipment

    French seismic services provider CGG has teamed up with Ghana’s GNPC Operating Services Company Ltd (GOSCO), to form a joint-venture company dedicated to conducting high-end 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of the Republic of Ghana. The primary aim of the joint-venture company, known as GOSCO Geoscience […]

  • CGG sells GeoSoftware business

    30 July 2021
    Business & Finance, Business Developments & Projects

    French seismic firm CGG entered into an agreement with Topicus and Vela Software for the sale of its GeoSoftware business.

  • CGG Seeks Bankruptcy Protection

    15 June 2017
    Business & Finance, Operations & Maintenance

    French seismic contractor CGG said it has begun legal processes to implement a pre-arranged restructuring, with the opening of a Sauvegarde proceeding in France and Chapter 11 and Chapter 15 filings in the U.S. The announcement follows execution of legally binding agreements in support of the terms of the agreement-in-principle with key financial creditors announced on […]

  • CGG Books $124M Loss

    13 November 2017
    Business & Finance, Equipment

    French seismic contractor CGG has reported net loss of $124 million for the quarter ended September 30, 2017, against net loss of $88 million same time last year. For the third quarter 2017, the company generated $320 million in revenue and EBITDA of $90 million, against revenue of $264 million and EBITDA of $97 million […]

  • Moody’s Upgrades CMA CGM

    15 May 2015
    Business & Finance

    Moody’s Investors Service has upgraded to B1 from B2 the corporate family rating (CFR) of French container shipping company CMA CGM. At the same time, Moody’s has upgraded to B1-PD from B2-PD its probability of default rating (PDR) and to B3 from Caa1 its senior unsecured rating. The outlook on all the ratings is stable. […]

  • CGG Wins Diskos Contract

    15 November 2013

    The Norwegian Petroleum Directorate (NPD) and the oil companies in the Diskos group have awarded contracts for software and operation of the Diskos databases to CGG. The contracts apply for the period 2015 to 2020. The contract award is a result of a comprehensive public procurement process, in which companies from the entire EEA were invited […]

  • France’s CGG files for bankruptcy

    15 June 2017
    Business & Finance

    French geophysical services company CGG has filed for bankruptcy as part of financial restructuring process to reduce its $3 billion debt.  The company informed on Wednesday that, following execution of legally binding agreements in support of the terms of the agreement-in-principle with key financial creditors announced on June 2, 2017, it had started legal processes to […]

  • CGG Initiates Rights Offering

    13 January 2016
    Business & Finance

    French seismic player, CGG, has launched a €350-million rights offering to existing shareholders as part of its plan lined up to transform from a seismic acquisition company into an integrated geosciences group. This capital increase is the next step in CGG’s transformation plan in order to adjust to new market conditions following the fleet reduction […]

  • CMA CGM Gets EPIC

    19 July 2016
    Business & Finance

    French container shipping company CMA CGM plans to launch two new weekly services, EPIC 1 and EPIC 2, between the Arab Gulf, Pakistan, North West India and North Europe, in addition to the existing Epic service on this route. EPIC 1 will offer a direct connection between North Europe, Pakistan and North West India. In […]

  • CGG returns to profit in 2Q

    2 August 2018
    Business & Finance

    CGG returned to profit in the second quarter of the year as its revenues fell by 3 percent.

  • CMA CGM to Acquire Containerships

    20 June 2018
    Business & Finance

    CMA CGM has decided to acquire Containerships, a Finland-based shortsea specialist.

  • CMA CGM Merges Subsidiaries

    30 November 2017
    Business & Finance

    French CMA CGM Group will merge its two subsidiaries MacAndrews and OPDR, specializiang in short sea transportation, effective January 1, 2018, the company said. Following the move, the merged company will be headquartered in Hamburg and will have 595 employees, as employment in each entity will be maintained. In addition, MacAndrews will have a presence in 16 countries through 36 agencies. […]

  • CGG Sees Revenues Slide

    6 May 2015
    Business & Finance, Operations & Maintenance

    French seismic contractor, CGG, has booked a drop in revenues for the quarter, ended March 31 2015, due to the impact of the fleet reduction and to deteriorating market conditions. In the first quarter 2015, CGG generated revenues of $570 million, down 29 per cent compared to Q1 2014 and down 37 per cent quarter-to-quarter. Jean-Georges […]

  • BP corroborates preliminary results of Rhino’s gas condensate discovery in Namibian waters

    21 October 2025
    Business Developments & Projects, Exploration & Production

    BP has backed the disclosed findings related to a recent gas condensate discovery, which Rhino Resources, an African energy exploration player, made off the coast of Namibia, with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.

  • CGG and OMV Renew Partnership

    4 December 2018
    Project & Tenders

    CGG has renewed its contract with OMV to operate a dedicated center at its head office in Vienna. The contract will run for a further three years. During this period OMV will continue to benefit from onsite access to CGG’s subsurface imaging and reservoir characterization expertise and technology. The tailored service delivered by experienced in-house […]

  • No Offshore Production for OGX in September

    11 October 2013

    OGX Petróleo e Gás Participações S.A. , announces that its average oil and natural gas production for September 2013 reached 13.2 thousand barrels of oil equivalent per day (2.1 million m3 per day), which corresponds to OGX’s share of the average production of natural gas at the onshore Gavião Real Field, in the Parnaíba Basin. […]

  • CGG to Downsize Its Fleet

    1 August 2014
    Business & Finance, Operations & Maintenance

    CGG has announced its non-audited 2014 second quarter results. Reported revenue was at $689 million, compared to $1.032 million same time last year. Restructuring measures implemented in 2014: – Marine fleet reduced to 13 seismic vessels by end 2014. 1 vessel already decommissioned, 1 vessel retired from the seismic market, 2 vessels de-rigged and 1 permanently […]

  • CGG Gears for Mexico Survey

    22 February 2016
    Business & Finance, Equipment, Operations & Maintenance

    CGG will start a multi-client airborne gravity and magnetic survey offshore Mexico, the company said Monday. The Comisión Nacional de Hidrocarburos (CNH) has authorized the program, which will include the acquisition of approximately 200,000 line kilometers over six areas across the Mexican Gulf of Mexico. Data acquisition should begin in March 2016 and is anticipated to take twelve […]

  • APL, Maersk and OOCL to Cooperate on Far East to Indian Subcontinent Services

    15 January 2014
    Business & Finance

    APL, Maersk and OOCL yesterday announced a new cooperation on three existing Far East to Indian Subcontinent services, starting in February 2014. In a Slot Sharing Agreement that also includes partners CMA CGM, Emirates Shipping Line, Hamburg Süd and Regional Container Lines, 18 vessels with a total capacity of about 17,500 TEU will be deployed […]