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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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