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, …
CGG Announces its Q4 and Full Year 2020 Results
CGG, a world leader in Geoscience, announced today its fourth quarter and full year 2020 audited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said: “In the particularly challenging year of 2020, which saw the collapse of the oil & gas market across the second and third quarters, we …
CGG: Commits to Carbon Neutrality by 2050
Aligned with the company’s longstanding commitment to act responsibly and minimize the impact of its activities on the environment, in every sector of its business, CGG has announced its pledge to become carbon neutral by 2050 in scopes 1 & 2 of the Greenhouse Gas (GHG) Protocol. Company-wide efforts are …
CGG, PGS and TGS Announce Strategic Partnership for shared Multi-Client Data Offerings
CGG, PGS and TGS, industry leaders of multi-client geoscience data, today announced a pioneering strategic partnership to offer a shared ecosystem providing direct access to their subsurface multi-client data libraries. The independent, cloud-based ecosystem will offer a single search point to access all three companies’ multi-client data and allow customers …
CGG: Announces its 2020 Third Quarter Results
CGG, a world leader in Geoscience, announced today its 2020 third quarter unaudited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said: ““CGG markets stabilized in Q3 as large Independents and NOCs started to resume activity, mainly in their core areas. We are on track with the implementation of …
CGG’s Smart Data Solutions Business Wins Data Management Contracts
CGG Geoscience has announced that its Smart Data Solutions (SDS) business group has recently been awarded data management contracts representing a total backlog of about $10 million. Given the current industry context, these awards reflect the continued high priority that clients have on digitalizing and thus enhancing the value of …
CGG Announces Increase in Backlog to $537m
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 Completes Exit from Land Data Acquisition
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 Wins Multi-Year Dedicated Center Contract Renewal for Total
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 …
Sercel and Apave Enter Strategic Partnership for Structural Health Monitoring
CGG announced today that Sercel has signed a strategic partnership agreement with Apave for the delivery of a structural health monitoring (SHM) solution. The partnership brings together Sercel’s high-end sensor technology and Apave’s expertise as a specialist in structural health monitoring. Sercel will also take advantage of Apave’s strong international …