EV2 Identifies 77 Billion Barrels of Undiscovered Resources
We use EV2, our new exploration valuation tool, to assess 10 exciting exploration basins around the world. With exploration companies coming under pressure to maximise shareholder returns, the need to find the most valuable opportunities is continually increasing ...
Technip Drops Plans to Acquire CGG
Paris, France - 14 December, 2014
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 shareholders, clients and employees.
How Broad is Broadband?
As there has been no precise definition of what qualifies as a “broadband” marine acquisition solution, a variety of different techniques, ranging from full equipment, acquisition and processing solutions to simple data whitening, have been bracketed together as “broadband”. CGG has developed a commercially-available, truly broadband, integrated solution, involving equipment, acquisition and processing, which removes the effects of both the source and receiver ghosts to deliver ghost-free data with the broadest bandwidth (in excess of six octaves) and the best signal-to-noise ratio at low frequencies, down to 2.
Sercel SeaPro Nav Performs Successfully on Multi-Vessel Surveys
Nantes, France - December 8, 2014
Sercel is pleased to announce that its SeaPro Nav Integrated Navigation System has been successfully deployed on another major multi-vessel survey. SeaPro Nav is currently being deployed on a major wide-azimuth (WAZ) survey conducted by CGG in the Gulf of Mexico.
CGG Wins UK National STEMNET Award
Paris, France – November 24, 2014
CGG has won a national award at the UK’s 2014 STEMNET Awards ceremony held at the House of Lords, London. The award recognizes CGG’s efforts in helping to inspire young people to study and pursue careers in Science, Technology, Engineering and Maths (STEM) subjects.
CGG Confirms Another Client Commitment to its StagSeis Solution in the Gulf of Mexico
The Right Data, in the Right Place, at the Right Time
Paris, France - 21 November 2014
CGG announced today another significant commitment from an Exploration and Production company to its StagSeisTM multi-client solution in the Gulf of Mexico, this time with an earlier prefunder expanding their position. Following completion of acquisition in October, StagSeis presales of all three surveys, IBALT, DEUX and TROIS, have continued to strengthen, both with new companies joining, and with repeat customers increasing their commitments.
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