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CGG Launches JumpStart Regional Geoscience Programs

Paris, France | Jun 14, 2017

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.

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Press Release

CGG Delivers Final Data from Encontrado project

Paris, France | Jun 8, 2017

CGG announced today that the final products from its Encontrado multi-client reprocessing project across the Gulf of Mexico’s prolific Perdido fold belt have been delivered on schedule to the Comision Nacional de Hidrocarburos (CNH) and the industry.

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Sercel Sentinel MS operating successfully in Ireland

Nantes, France | Jun 7, 2017

Sercel announced today that its multi-sensor solid streamer, the Sentinel® MS, has been commercially deployed for the first time and is being successfully operated on a large 3D CGG multi-client survey being conducted by the CGG Geo Coral in the Southern Porcupine Basin in Ireland.

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Press Release

Agreement in principle on financial restructuring plan

Paris, France | Jun 2, 2017

CGG announces that it has reached an agreement in principle on a financial restructuring plan (the “Agreement in Principle”) which meets the Company’s objectives of (i) full equitization of the existing unsecured debt, (ii) extension of the maturity of the secured debt and (iii) financial flexibility to confront various business scenarios through...

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