Newsroom

CGG announced today that Sercel, its Sensing & Monitoring division, was selected as the successful bidder for the acquisition of ION Geophysical Corporation’s (“ION”) software business.

CGG announced today the creation of a new HPC & Cloud Solutions business, under the leadership of Agnès Boudot, who will report to the CEO and joined the company’s executive team on June 28th, 2022.

CGG announced today that Sercel has sold a complete marine seismic acquisition system to HJ Shipbuilding & Construction, a South Korean shipbuilding leader.

CGG announced today that Sercel, its Sensing & Monitoring division, has acquired Geocomp Corporation, specialized in high-value services and products for geotechnical risk management and infrastructure monitoring.

CGG has announced the recent signature of an expanded five-year Geovation software licensing agreement with Petrobras.

“In the continued strengthening market environment, our Geoscience business had a robust quarter and is leading the recovery, driven by our clients’ requirements for better sub-surface imaging technology"

CGG announced today the completion of the sale and leaseback of Galileo, its headquarter building located in Massy, France for a total amount of fifty-nine million two hundred and fifty thousand euros.

With CGG continuing to accelerate its development of a portfolio of unique technologies and proven expertise focused on rapidly growing new beyond the core markets, and to reflect the evolution of the Group into a Technology company, new segment reporting names will used from Q1 2022 financial reporting, which will be communicated on May 4, 2022.

To support continued differentiation in its core business and accelerate the development of its new activities, CGG is significantly expanding its high-performance computing (HPC) capacity and associated service offerings.