CGG announced today the sale, to Bon Ton Seismic LLC (Bon Ton), of its US land seismic multi-client library encompassing approximately 20,000 square miles (about 52 000 km2) of 3D seismic data for a total cash consideration of US$63 million.
CGG has announced an agreement with Carbon Transition (under its subsidiary Axxis Multi Client) to reprocess the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea.
CGG, a global technology and Earth sciences leader, has announced a new multi-client data project in Southeast Arizona focusing on exploration and development in the mining industry.
Sercel has sold an 80,000-channel 508XT acquisition system and 24 Nomad 65 Neo broadband vibrators for deployment on a 3D mega-crew seismic survey in North Africa in late 2023.
CGG has been awarded a multi-year contract extension by Brunei Shell Petroleum Company Sdn Bhd (BSP) to continue operating a dedicated seismic imaging center at its head office in Seria, Brunei.
We anticipate a strong Q4 led by Earth Data sales. We remain focused on capturing the upcycle ahead of us and increasing our topline, with the objective of deleveraging our balance sheet.
CGG will announce its third quarter 2022 financial results and host a question & answer session on Wednesday November 2nd, 2022 after the close of the markets.
CGG Earth Data continues to expand its new GeoVerse Carbon Storage database and screening studies.
CGG’s Minerals & Mining team has been awarded a contract by DLE Resources to assess the regional potential for lithium and potash mineralization in Argentina.