CGG S.A. announces today that CGG Holding (U.S.) Inc., a wholly-owned indirect subsidiary of CGG S.A., has successfully priced an offering of $300 million in aggregate principal amount of 9.000% first lien senior secured notes due 2023 and €280 million in aggregate principal amount of 7.875% first lien senior secured notes due 2023.
CGG’s JumpStart™ multi-client geoscience programs integrate the most advanced seismic data with reviewed, calibrated and interpreted well and geological data for petroleum systems evaluation, supported by regional interpretations and reports.
CGG GeoConsulting’s NPA Satellite Mapping group has launched the multi-client EARS BasinMap for exploration de-risking across the vast region of East Africa, from regional-to-prospect or play scale.
CGG Multi-Physics announced at the AAPG 2019 Annual Convention & Exhibition (ACE) in San Antonio, Texas, USA the immediate availability of pre-calculated MagCube™ in-field referencing (IFR) models for measurement while drilling (MWD) surveys over seven US onshore basins and plays: Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara, Permian and Woodford.
As the terms of the existing first lien senior secured notes due 2023 issued as part of the restructuring plan provide a window to refinance them at par, CGG S.A.
As the terms of the existing first lien senior secured notes due 2023 issued as part of the restructuring plan provide a window to refinance them at par, CGG S.A.
CGG today announced that following execution of legally binding agreements in support of the terms of the agreement-in-principle with key financial creditors announced on June 2, 2017.
Market conditions remain challenging, revenue down to $290m, strong execution of operations, good level of multi-client sales, solid EBITDAs...
Our geoscience markets continue their gradual recovery driven by increase in offshore E&P Capex. Our strong cash generation reflects the strength of our core businesses and our cost management focus.