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Press Release

CGG Wins Multi-Year Dedicated Center Contract Renewal for Total

Publish Location
Paris, France
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CGG announced today that its Geoscience division has been awarded a contract renewal by Total, for the continued operation of its Dedicated Processing Center (DPC) in Pau, France. The new contract will run for five years starting in January 2020.

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Agreement in principle on financial restructuring plan

Publish Location
Paris, France
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CGG announces that it has reached an agreement in principle on a financial restructuring plan (the “Agreement in Principle”) which meets the Company’s objectives of (i) full equitization of the existing unsecured debt, (ii) extension of the maturity of the secured debt and (iii)

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The Appeals Court of Paris upholds the ruling of the Commercial Court of Paris that approved CGG’s safeguard plan

Publish Location
Paris, France
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CGG announces that the approval of its safeguard plan by the Commercial Court of Paris on December 1st 2017 was upheld by a ruling rendered today by the Appeals Court of Paris, seized by a group of Convertible Bondholders that had launched a recourse against the draft plan.

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