Newsroom

CGG has been awarded a three-year contract extension to continue operating a dedicated permanent reservoir monitoring (PRM) imaging center in Equinor’s Stavanger offices.

CGG announced today the signature of a binding offer with Pramena Investment & Anacap Financial Partners for the sale and leaseback of Galileo, its headquarter building located in Massy, France.

CGG announced today phase three of its dual-azimuth multi-client 3D survey in the Northern North Sea.

CGG anticipates Q4 2021 segment revenue at around $301 million, up 15% sequentially proforma (excluding GeoSoftware) and up 12% year-on-year proforma (excluding GeoSoftware).

CGG Sells its Physical Asset Storage and Services Business to OASIS Group and Access

CGG has released a new GeoVerse™ Carbon Storage screening study to support CCUS operators in quickly identifying suitable CO2 storage sites.

Further to the announcement on October 20, 2021 of a signed agreement with Staatsolie for multi-client programs offshore Suriname, CGG, a global geoscience technology leader, in a consortium with TGS and BGP, today announced that acquisition for Phase 1 of the Suriname 3D project has commenced.

CGG has licensed its high-end Northern Viking Graben multi-client seismic data set in the Northern North Sea to Northern Lights JV DA, for use in its ongoing and future CO2 storage developments. Northern Lights JV DA is the operator of the first industry-scale project for transport and storage of CO2 on the Norwegian continental shelf.

I am encouraged by our Q3 results and more importantly by the signs of the gradually increasing demand for our core businesses, supported by the strengthening macro-environment.