"In the particularly challenging year of 2020, which saw the collapse of the oil & gas market across the second and third quarters, we finished the year with solid fourth quarter operational performance...."
CGG announces today its Universal Registration Document for the 2020 financial year was registered with the French Market Authorities (AMF) on March 5, 2021 and is available to the public under current regulatory conditions.
CGG will announce its fourth quarter 2020 results on Friday March 5th, 2021 before the opening of the Paris stock exchange.
CGG confirms that it did not initiate the publication on 1st February 2021 in the Bulletin des annonces légales obligatoires of two notices convening the general meetings of holders of convertible bonds (“Oceanes”) 2019 and 2020.
Sercel has significantly increased the market position of its 508XT land seismic acquisition system in India. The system is currently being deployed by over 30 crews, representing a total of over 110,000 508XT channels countrywide and making it clearly the system of choice in India.
Aligned with the company’s longstanding commitment to act responsibly and minimize the impact of its activities on the environment, in every sector of its business, CGG has announced its pledge to become carbon neutral by 2050 in scopes 1 & 2 of the Greenhouse Gas (GHG) Protocol.
CGG has become a member of Amira, an independent global not-for-profit organization representing members from the mineral resources industry seeking to enhance, sustain and deliver transformational R&D, innovation and implementation to the benefit of society.
CGG’s Satellite Mapping group recently completed an innovative high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD).
Q4 2020 Segment revenue expected at $282 million.