Despite depressed oil prices, the Gabonese 11th deepwater licensing round has generated considerable interest from both International Oil Companies (IOC’s) and newcomers alike, encouraged by the success of exploration in the conjugate margin offshore Brazil, as well as recent pre-salt discoveries such as Ruche, Tortue, Diaman and Leopard in nearby Gabonese waters.
CGG announced today that it has completed exit from marine acquisition business.
CGG and Lundin Norway AS have been awarded the NCS Exploration Innovation Prize 2019 for TopSeis™, a next-generation marine source-over-spread acquisition and imaging solution that delivers a step-change in imaging by providing massively increased near-offset coverage from a split spread with zero offsets.
CGG's Board of Directors, meeting on April 26, 2018, elected Philippe Salle as Chairman of the Board of Directors. Sophie Zurquiyah took up her position of CEO of the Group and was appointed director by the general meeting on the same day.
CGG's Board of Directors, meeting on April 26, 2018, elected Philippe Salle as Chairman of the Board of Directors. Sophie Zurquiyah took up her position of CEO of the Group and was appointed director by the general meeting on the same day.
With its strong innovation culture, growing toolbox of advanced technology and broad range of geoscience expertise and experience, CGG relishes the opportunity to work with clients to design new solutions tailored to address specific challenges.
All seismic signals naturally undergo attenuation during transmission through the Earth. The effect is generally stronger the longer the distance travelled. By the same virtue, higher frequencies are affected more than lower frequencies, as a greater number of wave cycles occur along the same travel path.
CGG anticipates Q4 2019 segment Group revenue at $393 million
GeoSoftware, part of CGG’s Geoscience Division, has donated twenty of its advanced geoscience software suites to the University of Malaya (UM) in Malaysia. The initiative will enrich the student experience at UM’s Department of Geology while supporting its mission to train world-class professionals for domestic or international careers in petroleum geosciences.