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Press Release

CGG Conducts Innovative Rich-Azimuth Multi-Client Survey NW of Shetland

Publish Location
Paris, France
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CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin. The 3,600 sq km survey has received strong industry support and been designed in collaboration with major international oil companies.

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Location map for CGG’s rich-azimuth survey north-west of the Shetland Isles.
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CGG Wins Multi-Year Dedicated Center Contract

Publish Location
Paris, France
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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.

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CGG Communication Following S&P Rating

Publish Location
Paris, France
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On November 16th, following the announcement by CGG of a next step of its Group’s Transformation, S&P downgraded CGG’s corporate rating to CCC+ with a Negative Outlook reflecting the rating agency’s view that the Company could notably face liquidity issue in the first half of 2016, breach its

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