CGG Geosoftware: Why pay more for less productivity?
Right-size your petrophysical software solution It has been an unpredictable and interesting year for the oil and gas industry. The price of oil continues to fluctuate, available resources are down, and the demands of our jobs are ever increasing. Now, more than ever, we’re all searching for the right-sized solution …
Sercel: QuietSea Continues to Gain Momentum
Sercel announced today that its revolutionary new QuietSea™ system, used to detect the presence of marine mammals during seismic operations, has been successfully operating onboard multiple seismic vessels across a range of geographical locations. QuietSea was recently deployed and tested on a major 3D variable-depth streamer survey conducted by CGG in the Atlantic Ocean …
CGG and Air Control Announce Partnership for Airborne Geophysical Survey Services in Kazakhstan
CGG and Air Control announced today the signing of an agreement to provide airborne geophysical survey services in Kazakhstan. This agreement will allow Air Control to offer the full suite of CGG airborne geophysical technologies for subsurface exploration to oil & gas and mining clients in Kazakhstan. Air Control performs …
Technip Drops Plans to Acquire CGG
CGG notes the announcement made by Technip today that it no longer intends to file a tender offer for CGG. Since the beginning of this unsolicited approach by Technip on November 10, CGG remained open to dialogue and studied all proposals of Technip taking into account the interests of its …
CGG: Rebuffs Technip offer
CGG confirms having been approached by Technip in an unsolicited manner in respect of a potential combination. CGG has considered that the conditions to pursue were not met.
Technip: Looks to Takeover CGG
Following information released in the press, Technip announces 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 …
CGG: 2014-2016 Transformation Plan – Intensified, accelerated and implemented in 2014
Resilient second quarter operating income in weak market conditions CGG a world leader in Geoscience announced today its non-audited 2014 second quarter results 2014-2016 Transformation Plan intensified and accelerated. Restructuring measures implemented in 2014: o Marine fleet reduced to 13 seismic vessels by end 2014. 1 vessel already decommissioned, 1 vessel …
Sercel Receives Another Order For A 508XT Acquisition System
CGG announced today that, in addition to the first two 508XT systems being delivered to the industry this month, Sercel has also sold a system to PanAmerican Geophysical* for delivery in July. The Sercel508XT is the latest addition to a long line of innovative Sercel systems. Its ground-breaking X-TechTM architecture allows …
CGG and Sovcomflot Announce Arctic 3D Seismic Joint Venture – Arctic Geophysical Exploration
CGG, world leader in Geoscience, and Sovcomflot, Russia’s largest energy shipping company,announced today that they have signed an agreement to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture,to be called Arctic Geophysical Exploration (AGE),will …
Sercel Launches Quietsea Marine Mammal Monitoring System
Sercel has launched QuietSea™, its new passive acoustic monitoring (PAM) system designed to detect the presence of marine mammals during seismic operations. Totally different from other commercially available PAM systems, QuietSea is set to revolutionize PAM within the seismic industry. Unlike other separate antenna PAM systems, QuietSea is seamlessly integrated …