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Trading and Financial Strategy Update

Paris, France | Jan 5, 2017

Q4 revenues expected to be the highest quarterly revenues of the year 2016; net debt should amount to circa $2.315 billion as at December 31; priority is now to improve balance sheet and quickly restore financial flexibility...

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Press Release

Sercel Sells Four 508XT Acquisition Systems

Paris, France | Dec 14, 2016

CGG announced today that its equipment business, Sercel, has delivered four of its new-generation 508XT land acquisition systems to two seismic companies recently awarded survey work in India by ONGC and Oil India, as part of a new national seismic program commissioned by the Indian government.

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Press Release

Near Real-Time Imaging Offshore Morocco

Paris, France | Dec 6, 2016

CGG announced today the delivery of near real-time imaging results for a 4,200 sq km BroadSeis 3D marine seismic survey acquired offshore Morocco. CGG delivered the very-fast-track (VFT) RTM PSDM volume to the client only 4 days after the last shot.

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Press Release

Final PreSDM Data for Gabon Multi-Client Survey

Paris, France | Dec 1, 2016

CGG announced today that the final processed depth volumes (Kirchhoff and RTM PreSDM) from the company’s recent 3D BroadSeis™ multi-client survey in the highly prospective Gabon South Basin are now available for license.

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Integrated Geoscience Unlocks Potential in Northern Viking Graben

Paris, France | Nov 17, 2016

The Northern North Sea is host to many large discoveries, such as Troll, Statfjord and Brage, but recent finds such as Brasse imply that more potential fields are waiting to be discovered. The key to understanding these mature petroleum areas is to consider all the geoscience data available to reduce uncertainty and risk.

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