3682 results found for 'cgx'

3682 results found for 'cgx'
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  • CGG boss joins TechnipFMC board

    2 March 2021
    Business & Finance, Human Capital

    UK-based subsea major TechnipFMC has appointed Sophie Zurquiyah, chief executive officer of French-based geophysical services company CGG, to its board of directors and audit committee. The appointment will become effective 1 April 2021. Zurquiyah, 54, has served as CEO at CGG since 2018. She joined CGG in 2013 and has held a succession of leadership […]

  • OGX: Waikiki Accumulation Commerical (Brazil)

    26 April 2012
    Business & Finance

    OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced yesterday that it had presented to the National Petroleum, Natural Gas and Biofuels Agency (ANP) a Declaration of Commerciality for the Waikiki accumulation, for which the proposed new designation is the […]

  • OGX to abandon Tubarao Azul field

    23 September 2016
    Project & Tenders

    Brazil’s OGpar, formerly known as OGX, an oil company formed by a former billionaire Eike Batista, will not be resuming production from its Tubarao Azul oil field in the Campos Basin, offshore Brazil. The company, under bankruptcy protection since 2013, said this week that after one year of suspension of production on Tubarão Azul Field, […]

  • CMA CGM’s port surcharge in Sydney

    21 December 2010

    French containership giant CMA CGM Group has decided to implement an Emergency Port Congestion Surcharge (PCS) in the port of Sydney for CMA CGM services to and from Europe. “Operational situation at Sydney Port Botany has worsened over the last month and constant delays penalise CMA CGM vessels with additional over-consumption to ensure schedule integrity,” […]

  • CGG lands $200M Pemex job

    11 August 2014
    Business & Finance, Equipment

    CGG announced today that Pemex recently awarded CGG a contract worth close to US $200m for ocean bottom cable (OBC) 3D-4C seismic work in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico. […]

  • CGT’s Newly Expanded Facility Opens

    19 June 2014

    GCT Global Container Terminals Inc. (GCT) celebrated the grand opening of its newly expanded, semi-automated facility in Bayonne, New Jersey on June 18th, which is expected to become the most productive marine terminal on the US East Coast once complete this summer. The opening ceremony follows the first successful commercial lift handled at the facility […]

  • CMA CGM Launches New Service

    25 June 2008

    Linking Asia and Europe CMA CGM Group has the pleasure to announce the launching, on July 9th, 2008, of its latest service in the FAL network linking Asia and Europe: The FAL4 service. Operated in partnership with China Shipping, FAL4 will deploy a total of eight 9,700 teu vessels, covering the following port rotation: Shanghai, […]

  • CGG Amends ‘Oceanic Champion’ Deal

    14 March 2017

    French seismic survey specialist CGG has entered into an agreement with its Norwegian subsidiary Exploration Investment Resources II to reduce the cash cost of the charter agreement for the ‘Oceanic Champion’ vessel. The Oceanic Champion is an active seismic vessel, and the reduction rate will be completed in exchange for agreed settlement amount, CGG said. […]

  • CGG Secures PTTEP Contract Extension

    20 June 2017
    Project & Tenders

    CGG has secured a renewal of a contract from PTT Exploration & Production (PTTEP) for the dedicated processing center (DPC) CGG has been operating in Bangkok since November 2013. The new contract will run for a further three years, from March 01, 2017 to February 28, 2020. CGG will continue to support PTTEP by delivering high-quality […]

  • CGG to Cut More as Loss Widens

    26 February 2015
    Business & Finance, Equipment, Operations & Maintenance

    French seismic contractor CGG announced additional cost reduction plans and further downsizing of its fleet as it falls victim to deterioration in market conditions. In the fourth quarter 2014 (Q4 2014), CGG generated revenues of $ 906 million, down 5 percent year-on-year and up 31% sequentially. Full year revenue was $3.095 billion, down 18 percent, compared […]

  • Moody’s Switches to Positive on CMA CGM

    19 June 2015
    Business & Finance

    Rating agency Moody’s Investors Service has changed to positive from stable the outlook on the B1 corporate family rating (CFR), the B1-PD probability of default rating (PDR) and the B3 senior unsecured rating of French liner company CMA CGM S.A. Concurrently, Moody’s has affirmed the ratings assigned to the company including its B1 CFR, B1-PD […]

  • USA: Port of Baltimore Throughput Growth to Solve Dredging Issues

    10 August 2011

    Baltimore has moved up in national port rankings, up one spot for cargo tonnage and two spots for cargo value. The port moved 32.8 million tons of cargo worth $41.5 billion in 2010. That was good for the 13th heaviest and 11th most valuable cargo among the nation’s 360 ports. Those numbers will help the […]

  • APL Reduces Capacity and Reorganises Global Service Network

    22 October 2008

    Container shipping leader APL has today announced a reduction in capacity and significant changes to its global service network in response to increasingly challenging conditions in the major container trades. Commenting on the changes, APL President Eng Aik Meng said: “The traditional seasonal softening of demand in the main container trades has been compounded by […]

  • CGG Delighted with Diskos Contract Win

    10 December 2013
    Business & Finance, Equipment

    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 […]

  • CGG to Make Changes to Board of Directors

    9 March 2018
    Business & Finance

    French seismic contractor CGG has announced cooptation of three new board members. CGG announced the cooptation of Colette Lewiner to replace Hilde Myrberg, resigning from her board position, for the remainder of her term. Colette Lewiner has graduated from Ecole Normale Supérieure and has a PhD in Physics. She is presently independent board director at EDF, Groupe Bouygues, […]

  • Creditors accept CGG’s restructuring plan

    2 October 2017
    Business & Finance

    U.S. creditors of the French geophysical player CGG have accepted the company’s proposed restructuring plan under Chapter 11 of the U.S. bankruptcy law as the company is working to reduce its massive debt.  The French company informed on Monday that all creditors entitled to vote on the Chapter 11 plan proposed in the Chapter 11 cases […]

  • CMA CGM links Vietnam, Hamburg

    9 December 2010

    The container ship ‘CMA CGM Otello’ called at the port of Cai Mep in the south of Vietnam for the first time, from the Port of Hamburg after a transit time of 22 days. The Port of Cai Mep is about 80 kilometres south of Ho Chi Minh City.

  • CMA CGM to Acquire SOFRANA Unilines

    2 October 2017
    Business & Finance

    French container shipping major CMA CGM has reached an agreement to purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a regional shipping line based in the South Pacific. As informed, the acquisition of SOFRANA Unilines is expected to be completed by the end of October. Founded in 1968, the SOciété FRAnçaise de NAvigation […]

  • CMA CGM Volga Joins the Fleet

    24 March 2015
    Business & Finance

    The 10,622 TEU containership CMA CGM Volga has entered the CMA CGM fleet and started her first rotation in Dalian, China, on March 20th. The vessel is the 8th of a series of 28 ships from 9,400 TEUs to 10,900 TEUs that will be delivered until the third quarter of 2016. Sailing under the Malta flag, […]

  • CMA CGM tests the waters with biofuel

    20 September 2022
    Business Developments & Projects, Green Marine, Transition, Vessels

    TotalEnergies Marine Fuels has completed the refuelling of a CMA CGM containership in Singapore with sustainable marine biofuel, a major milestone for the company as it seeks to become a key biofuel bunker supplier across strategic bunker hubs by 2030. On 29 July 2022, the 4,294 TEU CMA CGM Montoir container vessel was bunkered via […]

  • Petronas Pulls Out of OGX Deal

    19 November 2013

    OGX , announces that it has received today from PETRONAS a notification regarding to termination of a contract relating to the to sale of 40% non-operating work interest in BM-C-39 and BM-C-40 blocks, located in the Campos Basin, offshore Brazil. “OGX has submitted the subject to its lawyers’ analysis and is evaluating the adoption of reasonable […]

  • CMA CGM Unaffected by Tianjin Blasts

    20 August 2015
    Business & Finance

    French liner giant CMA CGM informed that following the Tianjin blasts during the night on August 12th, all CMA CGM crew members and local employees are safe and accounted for. The company’s vessel berthing and departure operations are back to normal. “All terminals and off-dock depots in Tianjin are under operations today. But berth congestion, low […]

  • CMA CGM Unaffected by Tianjin Blasts

    20 August 2015
    Business & Finance

    French liner giant CMA CGM informed that following the Tianjin blasts during the night on August 12th, all CMA CGM crew members and local employees are safe and accounted for. The company’s vessel berthing and departure operations are back to normal. “All terminals and off-dock depots in Tianjin are under operations today. But berth congestion, low […]

  • Changes in Management Team of CMA CGM

    16 July 2008

    Jean-Marc Lacave will join CMA CGM Group as Chief Executive Vice-President and member of the Executive Board as of 1st September 2008. He will be in charge of the following departments, previously under the responsibility of Alain Wils – Inland transportation (Rail, River barging, Road transportation),Intermodal, Internal audit, Insurance, Legal, Human Resources, Safety / Security/ […]

  • CMA CGM Reshuffles Its Services

    26 October 2016
    Business & Finance

    French container shipping giant CMA CGM has decided to upgrade its WAZZAN service and reorganize PHOEX and BEX services. The modified port rotation of the WAZZAN service, which connects Morocco and West Africa, is scheduled to start on November 8, 2016, with MV Delmas Swala at Casablanca. The new port rotation will allow to save 6 days, […]