Newsroom

Q4 2020 Segment revenue expected at $282 million.

On December 29, 2020, CGG SA converted a Vendor Note issued by Shearwater Group on January 8, 2020 with the amount of 49,399,176 US Dollars into shareholding in Shearwater Geoservices Holding AS.

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.

Sercel has won a second major contract to supply land seismic equipment to a leading seismic acquisition contractor for a 3D mega-crew survey in Saudi Arabia.

CGG is mobilizing to acquire the industry’s first-ever multi-client airborne gravity and magnetic survey of the onshore Congo Cuvette Basin in the Republic of Congo after signing an agreement with the SNPC and the Ministry of Hydrocarbons.

CGG has been awarded a three-year contract extension by Petroleum Development Oman (PDO) to continue providing advanced land seismic imaging services at its dedicated processing center (DPC) in Muscat. The new contract will run from 1 January 2022 until 31 December 2024.

CGG and Magseis Fairfield announced today their completion of the 2020 acquisition of the largest OBN survey ever acquired in the North Sea

By a ruling issued on November 24, 2020, the Commercial court of Paris acknowledged completion of CGG’s safeguard plan, following the early settlement in full of all its creditors.

CGG announced that Sercel has won a major contract to supply land seismic equipment for a 3D mega-crew survey recently awarded to ARGAS in Saudi Arabia.