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.
CGG announced today that the final geoscience data for its Carabao multi-client study, acquired offshore the Philippines, are now ready for delivery. The study integrates over 8,500 km of new broadband prestack time-migrated 2D BroadSeis™ data and complementary marine gravity and magnetic data acquired with the seismic.
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 has completed the acquisition and processing of the first ever Airborne Gravity Gradiometry (AGG) survey of the Kingdom of Bahrain.
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 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...