3678 results found for 'cgx'

3678 results found for 'cgx'
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  • CMA CGM Names New CFO

    14 October 2016
    Business & Finance

    French container shipping company CMA CGM has appointed Michel Delville as Chief Financial Officer (CFO). The group said that its former CFO, Michel Sirat, will continue to support CMA CGM in strategic development missions. Michel Delville was CFO of the Saft Group, a France-based high technology batteries manufacturer. Prior to this, he was CFO and […]

  • CGG Secures Another Prefunding in GoM

    21 November 2014
    Business & Finance, Equipment, Operations & Maintenance

    CGG has secured another commitment from an Exploration and Production company to its StagSeis multi-client solution in the Gulf of Mexico, this time with an earlier prefunder expanding their position. According to CGG, following the completion of the acquisition in October, StagSeis presales of all three surveys, IBALT, DEUX and TROIS, have continued to strengthen, both […]

  • CGG Expands Santos Basin Coverage

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

    CGG said it has extended its Santos VII broadband 3D multiclient survey offshore Brazil. The 1,867 sq km extension to the original footprint gives CGG a total of almost 16,000 sq km of newly acquired and imaged pre-salt coverage. The extension was made to fully image this area after images recently delivered from the Fast-Track […]

  • Brazil: OGX Conducts Cased Hole Drillstem Test of Well OGX-18 in Campos Basin

    28 September 2010

    OGX Petróleo e Gás Participações, the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced that it has concluded the Cased Hole Drillstem Test in the 1‐OGX‐18‐RJS well, located in the BM‐C‐40 block, in the shallow waters of the Campos Basin. OGX holds a 100% working interest in this […]

  • New CFO to join CGG in September

    26 July 2018
    Business & Finance

    French geophysical player CGG has appointed Yuri Baidoukov as Group CFO, effective September 1, 2018.

  • 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. […]

  • Another GoM client for CGG’s StagSeis

    21 November 2014

    France’s seismic survey specialist CGG announced today another significant commitment from an unnamed exploration and production company to its StagSeisTM multi-client solution in the Gulf of Mexico. The company, currently in takeover talks with Technip, describes StagSeisTM as a “next-generation” solution for subsalt imaging designed to reduce exploration and production risk by providing the best seismic images. […]

  • CGG makes three board changes

    9 March 2018
    Business & Finance

    French geophysical company CGG has appointed three new members to its board of directors.

  • 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,” […]

  • ‘CMA CGM Don Carlos’ at Khorfakkan

    15 August 2006

    It only seems like a few weeks ago that Gulftainer’s Khorfakkan Container Terminal was awaiting the first of CMA-CGM’s series of giant new 8500 TEU containerships. However it was in fact back in January of this year and since then a steady stream of these 100,000 DWT/335 meter long leviathans have berthed promptly, worked quickly […]

  • CGG’s Fleet Breaks Industry Records

    4 April 2013

    French seismic acquisition specialist CGG announced today that its new fleet, with the addition of four high-end vessels from its recent acquisition of Fugro Geoscience, set two new industry records that highlight the strength of its marine capabilities. The longest offsets in the industry for a full-azimuth (FAZ) multi-vessel survey Firstly, through its proprietary ground-breaking […]

  • 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 […]

  • 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 […]

  • CMA CGM resumes calls to Beirut

    14 August 2020
    Business Developments & Projects, Operations & Maintenance

    As the operational situation in the Port of Beirut is now back to normal again, French shipping major CMA CGM has resumed calls to this port.

  • CGG Wraps Up Perdido Shoot

    26 September 2017
    Business & Finance, Equipment, Operations & Maintenance

    CGG has completed a 11,500 sq km wide-azimuth (WAZ) survey on behalf of Pemex in the deepwater Perdido area. This new survey has been acquired perpendicularly to existing WAZ data and the combined imaging of this first large-scale orthogonal WAZ data set is expected to provide significantly enhanced subsalt imaging results. A fast-track TTI RTM […]

  • Technip Breaks Off CGG Chase

    15 December 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    French engineering group Technip has informed that it no longer plans to pursue its takeover bid for CGG. Namely, Technip approached CCG earlier this year, in November, with a public tender offer in cash for CGG’s shares at a price of 8.30 euros per share and no deal was made. After CGG declined the bid, […]

  • CGG Challenges Dolphin Record Claims

    2 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    After the recent announcement from Dolphin about mobilisation of what the company described as “world’s largest floating object” by deploying a seismic spread of 12 streamers offshore Myanmar, Subsea World News received a notice from CGG claiming the announcement as “misinformation from Dolphin”. The Dolphin said in a press release it has mobilised the ‘world’s largest floating […]

  • ViaLogy, CGG Sign Collaboration Agreement

    29 April 2013
    Business & Finance, Project & Tenders

    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 […]

  • 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 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 […]