Russia Oil Gas Magazine

CGG: Joins CCUS Monitoring Research Program Led by Carbon Management Canada

CGG has joined a CCUS research program offered by Carbon Management Canada (CMC), a national, not-for-profit leader in developing and implementing new technologies that capture, utilize, store and monitor greenhouse gases. CMC is focused on measurement, monitoring and verification technologies for secure and cost-effective carbon capture and storage (CCS) operations. …

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Russia Oil Gas Magazine

CGG, Brunel University London and Swansea University Partner with Innovation Company Matter to Characterize Micropollutants Captured by Domestic and Industrial Filters

CGG Environmental Science has successfully completed a project with partners Matter, Brunel University London and Swansea University to characterize micropollutants and contaminants, including microplastics and synthetic fibers, captured by domestic and industrial filters. Matter, an innovation company, pioneers technology solutions for capturing, harvesting and recycling microplastics. The project applied an …

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Russia Oil Gas Magazine

CGG: Announces its Q3 2021 Results

CGG, a world leader in Geoscience, announced today its third quarter 2021 non-audited results.  Commenting on these results, Sophie Zurquiyah, CGG CEO, said: “I am encouraged by our Q3 results and more importantly by the signs of the gradually increasing demand for our core businesses, supported by the strengthening macro-environment. …

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Russia Oil Gas Magazine

CGG, PGS and TGS Announce Versal, a Unified Ecosystem for Accessing Multi-Client Seismic Data across Multiple Vendors

Further to the announcement on 15 December 2020, CGG, PGS and TGS, industry leaders of multi-client geoscience data, today announce Versal – a unified seismic data ecosystem giving access to three of the world’s largest multi-client libraries via a single log-in. Versal is an independent, secure, cloud-based, multi-client seismic data …

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Russia Oil Gas Magazine

TGS, BGP, CGG Sign Agreement with Staatsolie for Multi-Client Programs Offshore Suriname

TGS, a global provider of energy data and intelligence, in a consortium with CGG and BGP, today announced the signature of a multi-client agreement with Staatsolie, the state-owned company leading the development of the energy industry in the Republic of Suriname. The agreement allows the consortium to acquire, promote and …

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Russia Oil Gas Magazine

CGG Announces the Closing of GeoSoftware Business Sale for a Total Cash Consideration of US$95 million

CGG S.A. is pleased to announce today the completion of the previously announced sale of CGG’s GeoSoftware business to Topicus.com Inc. (“Topicus”) and Vela Software (“Vela”) for the total cash consideration of US$95 million (subject to certain customary closing adjustments). This transaction was effective October 1, 2021. About CGG CGG …

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Russia Oil Gas Magazine

CGG Sells its GeoSoftware Business to Topicus.com and Vela Software

CGG S.A. and Topicus.com Inc. announced today that CGG has entered into an agreement with Topicus and Vela Software,  for the sale of CGG’s GeoSoftware business.  The closing of this transaction remains subject to mutually agreed closing conditions. “Being a perpetual owner of businesses, Topicus and Vela look forward to …

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Russia Oil Gas Magazine

CGG Announces the Closing of the Sale of the Multi-Physics Business on June 30, 2021

CGG announced today that effective July 1, 2021 the Multi-Physics business except its processing and multi-client library, has been sold to Xcalibur Group, subsequent to receiving approvals by the competent regulatory authorities. About CGG CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a …

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Russia Oil Gas Magazine

CGG Launches GeoSoftware 11.0 Integrated Portfolio for Reservoir Characterization

CGG GeoSoftware has launched version 11.0 of its extensive portfolio of reservoir characterization and petrophysical interpretation software solutions. GeoSoftware 11.0 is a milestone achievement, integrating all of GeoSoftware’s industry-trusted solutions, including Jason, HampsonRussell, PowerLog, RockSI, InsightEarth® and VelPro, so that they can now work together on a single platform. This advanced integration features flexible cross-product …

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Russia Oil Gas Magazine

CGG Announces its Q1 2021 Results

CGG, a world leader in Geoscience, announced today its first quarter 2021 non-audited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said: “With our successful refinancing we delivered the last milestone in our CGG 2021 strategy while normalizing our capital structure. We are now actively developing our new ambitions, …

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