CGG announced today that it has signed an agreement with GNPC Operating Services Company Ltd (GOSCO), an independent Ghanaian E&P services company, to form a joint-venture company dedicated to conducting high-end 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of the Republic of Ghana.
CGG announced today at ONS 2016 the launch of TopSeis™, the latest evolution in offshore broadband seismic, specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer seismic.
Market conditions remain challenging, revenue down to $290m, strong execution of operations, good level of multi-client sales, solid EBITDAs...
CGG announced today that its interim report for the period ending June 30, 2016 and its Form 6-K for the second quarter and first half of 2016...
CGG GeoConsulting’s NPA Satellite Mapping group has launched the multi-client EARS BasinMap for exploration de-risking across the vast region of East Africa, from regional-to-prospect or play scale.
Reverse stock split operations, that the combined general shareholders’ meeting approved on 27 May 2016, will begin on 20 June 2016...
All seismic signals naturally undergo attenuation during transmission through the Earth. The effect is generally stronger the longer the distance travelled. By the same virtue, higher frequencies are affected more than lower frequencies, as a greater number of wave cycles occur along the same travel path.
CGG GeoSoftware has completed the launch of a series of innovative new releases from across its reservoir characterization product portfolio. The delivery of Jason 9.5, HampsonRussell 10.1, InsightEarth 3.0.2, PowerLog 9.5, EarthModel FT 9.5 and VelPro 9.5. marks the next stage in GeoSoftware’s strategy to offer a full suite of powerful and complementary software solutions that integrate multi-disciplinary workflows to overcome the most complex subsurface challenges in all types of reservoirs.
Despite depressed oil prices, the Gabonese 11th deepwater licensing round has generated considerable interest from both International Oil Companies (IOC’s) and newcomers alike, encouraged by the success of exploration in the conjugate margin offshore Brazil, as well as recent pre-salt discoveries such as Ruche, Tortue, Diaman and Leopard in nearby Gabonese waters.