CGG

CGG GeoSoftware has launched WellPath, a new interactive 3D well path planning solution for optimal well planning in unconventional and fractured reservoirs and offshore development platforms, as part of its InsightEarth ® 3D visualization and interpretation software suite. WellPath shows the complexity of the subsurface drilling environment in 3D so …

Sercel announced today that it has completed its first delivery of WiNG, its next-generation wireless land nodal acquisition system. Turkish Petroleum International Company (TPIC), a long-standing Sercel client, has selected a WiNG system for upcoming seismic acquisition projects in difficult-to-access mountainous areas of Turkey. WiNG meets TPIC’s requirements for optimal operational efficiency and delivery …

CGG announced today that Sercel has acquired a 34% shareholding in AMBPR, a start-up company that designs and markets autonomous robots for repairing (sanding and painting) large metallic structures, used in the maritime and energy industries. Sercel recognised the potential of AMBPR through Axandus, Sercel’s Industrial Accelerator program, which helps …

CGG announced today that its backlog, from its new profile, at the end of February 2020 stands at $537m, up 34% compared to last year. Following CGG’s recently announced exit from the marine and land acquisition business, CGG has transformed into a People, Data and Technology company providing a comprehensive …

CGG announced today that it has completed the wind-down and exit from its land seismic data acquisition business after completing its last land seismic acquisition contract in Tunisia. Following on from the company’s recently announced exits from seabed and marine data acquisition, this milestone marks the successful completion of CGG’s …

CGG announced today that its Geoscience division has been awarded a contract renewal by Total, for the continued operation of its Dedicated Processing Center (DPC) in Pau, France. The new contract will run for five years starting in January 2020. The two companies have been working in close collaboration at …

Shearwater GeoServices Holding AS (Shearwater) has today completed the strategic vessel transaction with CGG, including the takeover of five high-end seismic vessels, and the five-year capacity agreement for marine seismic acquisition services between Shearwater and CGG became effective. Preparations for the joint creation of a new streamer technology company continues …

CGG announced today that it is completing its exit from the seabed data acquisition business and has terminated the Seabed Geosolutions’ joint venture agreement effective December 31, 2019. In line with its strategy to exit the data acquisition business, CGG has agreed to transfer its 40% shareholding in Seabed Geosolutions …

GeoSoftware, part of CGG’s Geoscience division, has announced that machine learning technology in Python ecosystems will be available in upcoming releases of its flagship HampsonRussell and Jason reservoir characterization solutions. Already attracting considerable industry interest in GeoSoftware’s PowerLog petrophysical software, Python ecosystems in HampsonRussell and Jason will let experts and …

CGG S.A. (CGG) today signed a binding term-sheet with Shearwater GeoServices Holding AS (Shearwater) for a strategic partnership for marine seismic acquisition services and creation of a new streamer technology company. The term-sheet covers the purchase of five high-end streamer vessels jointly owned by CGG Marine Resources Norge AS and …