Newsroom

CGG announced today that it has been awarded a multi-year integrated geoscience study by Kuwait Gulf Oil Company (KGOC) to identify resource growth potential in the onshore Partitioned Zone (PZ).

Reflecting its commitment to focus on competitiveness and strict operational and financial costs management, CGG is pleased to announce that it has agreed in principle with its longstanding partner Eidesvik and its Nordic lenders to establish a new ownership set-up for its operated fleet.

Reflecting CGG’s commitment to focus on strict cost and cash management and in line with the agreements announced on January 23, 2017 regarding three vessels (involving the issuance of $58.6 million of senior notes), CGG and CGG’s Norwegian subsidiary Exploration Investment Resources II...

On February 6, 2017, CGG S.A. (“CGG”) announced a consent solicitation in respect of its Senior Notes (the “Notes Solicitation”). The purpose of the Notes Solicitation was to permit CGG to amend the indentures in respect of the Senior Notes to provide CGG the option to request the appointment of a ‘mandataire ad hoc’...

CGG announced today that it has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its Seria office in Brunei Darussalam. The contract will run for a period of six years, from 1 January 2017 to 31 December 2022...

On February 6, 2017, CGG S.A. (“CGG”) announced a consent solicitation in respect of its Senior Notes (the “Notes Solicitation”) and its Term Loan B (the “TLB Solicitation”)...

CGG is soliciting consents to permit the appointment of a ‘mandataire ad hoc’ from the holders of each series of Senior Notes and the creditors under the Term Loan B...

Reflecting CGG’s commitment to focus on strict cost and cash management, CGG and CGG’s Norwegian subsidiary Exploration Investment Resources II have entered into agreements...

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...