CGG Announces Q2 2017 Results
Paris, France | Jul 28, 2017Quarterly EBITDA boosted by solid multi-client sales; 2017 Market outlook unchanged; Focused on the swift delivery of our financial restructuring...
Quarterly EBITDA boosted by solid multi-client sales; 2017 Market outlook unchanged; Focused on the swift delivery of our financial restructuring...
CGG announced today the completion of an extension of its Santos VII broadband 3D multiclient survey offshore Brazil. The 1,867 sq km extension to the original footprint gives CGG a total of almost 16,000 sq km of newly acquired and imaged pre-salt coverage.
CGG announced today the award by Petrobras of a contract to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2180 km² in Brazil’s deepwater Santos Basin.
On June 14, 2017, CGG S.A. (“CGG”) announced (i) the execution of a lock-up agreement dated June 13, 2017 (the “LUA”) with certain of its key financial creditors in support of its proposed financial restructuring plan (the “Financial Restructuring”) and, in connection therewith, (ii) the opening of a Sauvegarde proceeding in France (and concurrent Chapter 11 and Chapter 15 filings in the U.S.).
On June 14, 2017, CGG SA announced that, following the execution of a lock-up agreement with certain of its financial creditors and a restructuring support agreement with one of its significant shareholders, both in support of a comprehensive financial restructuring plan...
CGG announced today that PTT Exploration & Production Public Company Limited (PTTEP) has renewed its contract for the dedicated processing center (DPC) CGG has been operating in Bangkok on its behalf since November 2013.
CGG announced today at the 2017 EAGE Conference & Exhibition the launch of JumpStart™ multi-client geoscience programs designed to accelerate industry understanding of petroleum systems and support exploration efforts.
CGG today announced that following execution of legally binding agreements in support of the terms of the agreement-in-principle with key financial creditors announced on June 2, 2017.
CGG announced today that Sercel has launched the WTU-508 high-performance X-Tech® node as an extension of its 508XT land seismic acquisition product range.