French engineering firm Technip has dropped its big to make an offer for fellow French seismic acquisition and services firm CGG. Technip's shares rose 6% on the announcement, while CGG's dropped 30%. Technip, which first approached CGG over a possible offer on 10 November…
French seismic and data processing firm CGG has rebuffed a takeover by fellow-French engineering and project management firm Technip. Technip said it made the approach on Monday 10 November. The move, says Technip, would create a…
CGG is launching its new business line, multi-physics effective 1 January 2015. The multi-physics business line will be established in the acquisition division and will build upon CGG’s strength in potential field and electromagnetic geophysical methods…
Pemex has awarded CGG a US$200 million contract for ocean bottom cable (OBC) 3D-4C seismic work in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field, and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico…
CGG announced its recent inauguration of an open subsurface imaging center in Yangon to service and support anticipated growth in Myanmar’s oil and gas exploration sector. The new center is the first of its kind to be opened in Myanmar by a major international geoscience company…
Geoscience firm CGG and Russia's Sovcomflot have agreed to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture, to be called Arctic Geophysical Exploration (AGE)…
CGG has started acquiring a large BroadSeisT 3D multi-client survey program in the deep and ultra-deep waters of the Espirito Santo Basin, offshore Brazil. The project has received high prefunding from major industry players. The Espirito Santo Phase III survey will cover more than 9500sq km…
CGG says it has started acquiring the largest broadband multi-client 3D survey ever shot offshore Norway. The BroadSeisTM/BroadSourceTM 3D Horda survey will also be the largest broadband multi-client program CGG has acquired in NW Europe…
CGG and Spectrum announced that the acquisition of the high-end BroadSeisTM 3D multi-client survey program offshore Brazil in the Foz do Amazonas basin commenced early January as planned. The two companies are working as equal partners on this project…
CGG and Spectrum are jointly launching a large, high-end BroadSeisTM 3D multi-client survey program offshore Brazil that will focus on a large proportion of open acreage in the very promising Foz do Amazonas Basin. The two companies are working as equal partners on this project…
CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever proprietary 3D wide-azimuth program to be conducted worldwide…
CGG announced that it has started the re-imaging of its entire Cornerstone multi-client dataset to create a 35,000sq km contiguous broadband PSDM volume, covering the Central North Sea. The existing conventional north-south, long-offset data…
CGG awarded Colombia survey CGG has been awarded a contract by a subsidiary of Anadarko Petroleum Corp. and partner Ecopetrol to acquire and process a 5500sq km, 3D seismic survey on the Caribbean coast offshore Colombia. The CGG Viking will tow a 10m x 100m x 7050m spread…
Christophe Barnini has been appointed as Senior Vice President, group communications for CGG. Barnini will report to Jean-Georges Malcor, CEO of CGG, and has become a permanent member of CGG’s management committee. This appointment took effect on 15th May 2013…
CGG announced today that it has been awarded two contracts by Statoil ASA to provide long-term seismic imaging services for permanent reservoir monitoring (PRM) operations on the Snorre and Grane fields in the Norwegian sector of the North Sea…
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