Newsroom

Investment in deepwater exploration and development is on the rise. Although the often prolific subsalt plays offer high rewards for explorers, they can bring potentially higher development costs and risks.

CGG announced today the launch by Sercel of GPR, a new Ocean Bottom Node (OBN). GPR leverages the proven high performance of Sercel’s QuietSeis® broadband digital sensor technology to collect superior data for accurate seismic imaging compared to data collected by conventional sensors.

CGG recently marked the 40th anniversary of the dedicated center it has continuously operated for OMV since August 1979.

Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a large-scale seismic imaging project in the offshore Orphan Basin in Eastern Canada by BHP.

CGG announced today that its third quarter 2019 segment revenue is expected to be above $350m, based on strong multi-client sales in the range of $160m (including transfer fees) and steady demand for Geoscience technology and Equipment.

CGG has commenced acquisition of Nebula 3D, a new, large, long-offset BroadSeis™ survey located in the Campos and Santos Basins, offshore Brazil.

CGG announced today that its interim report for the period ending June 30, 2019 was filed with the Autorité des Marchés Financiers (AMF).

Strong operational performance & cash flow generation validate the asset light strategy

Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a landmark processing contract by the Abu Dhabi National Oil Company (ADNOC).