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Strong operational performance & cash flow generation drive leverage ratio below 1x

Our third quarter revenue was up 4% year-on-year, confirming the gradual market recovery. Geoscience saw robust performance and Multi-Client delivered a high level of after-sales but was impacted by delayed pre-funding recognized in October.

Our third quarter revenue was up 4% year-on-year, confirming the gradual market recovery. Geoscience saw robust performance and Multi-Client delivered a high level of after-sales but was impacted by delayed pre-funding recognized in October.

CGG announced today that the final processed time volumes (Orthorhombic Kirchhoff PreSTM) from its recent Hobo 3D multi-client survey in the highly prospective Midland Basin are now available for license.

CGG announced today that it has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015.

CGG GeoSoftware has released new versions of its Cloud-ready reservoir characterization and petrophysical interpretation software with innovative enhancements that boost performance and improve usability.

CGG Subsurface Imaging, part of CGG’s Geoscience division, has delivered state-of-the-art broadband 4D seismic results ahead of schedule from BP Angola’s latest monitor survey offshore Angola. This achievement builds on previous 4D seismic processing projects undertaken for BP Angola.

CGG Subsurface Imaging, part of CGG’s Geoscience division, has delivered state-of-the-art broadband 4D seismic results ahead of schedule from BP Angola’s latest monitor survey offshore Angola. This achievement builds on previous 4D seismic processing projects undertaken for BP Angola.

Postgraduate students at Pakistan’s Bahria University (Karachi Campus) can now conduct more complex research into quantitative geophysics thanks to the donation by CGG GeoSoftware of a full suite of its advanced geoscience software.