The second quarter results were in line with our expectations with a stable EBITDAs margin year-over-year. SIR performed well and Multi-Client after-sales were particularly high with significant contribution from the North Sea.
CGG announces the appointment of Yuri Baidoukov as Group CFO, effective September 1, 2018.
The IT industry is experiencing an important transformation as companies invest in new technologies to drive growth and innovation. This trend is strongly reflected in our industry as E&P companies deal with enormous amounts of legacy, and increasing volumes of new data along with the expense and complexity of software to analyze and interpret this information.
CGG has completed the Pre-Stack Time Migration (PSTM) of its 2,500-sq-km Dunquin multi-client survey acquired in Block 44 of the Porcupine Basin, west of Ireland, in 2017.
At the 2018 EAGE convention in Copenhagen, CGG GeoSoftware is showcasing its latest developments aimed at harnessing the powerful capabilities of machine learning and cloud computing to enhance the performance and value of its geoscience software. E&P industry users can benefit from these new advances and transform their work practices, processes and workflows to ultimately streamline and improve operations.
There is a lot of buzz around “Digitalization”. It’s trending on social media and in countless business journals around the globe. To different people it means a variety of different things from Big Data to the Cloud and the Internet of Things. So what is it and what does it mean for geosciences in the oil and gas industry?
CGG has completed acquisition of 15,400 km2 of 3D marine seismic data in the outer Zambezi Delta Basin, west of the Beira High. The survey area covers blocks Z5-C and Z5-D and surrounding non-held acreage.
The Robertson name has been synonymous with exploration-focused geological studies and data for over 50 years, providing unrivalled worldwide insight into play- and basin-scale petroleum geology.
CGG announced today that Sercel has launched a transition zone version of its state-of-the-art 508XT seismic acquisition system. Seismic crews will now be able to deploy the 508XT solution in marsh zones and water depths of up to 25 m.