Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CGG Delivers 9,300 sq km of Data from Agata Reimaging to Support Brazil’s 7th Bidding Round
CGGApril 28, 2021 GMT
2021
CGG has announced the delivery of the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt. The ultramodern reimaged seismic data set covering over 9,300 sq km will provide valuable information to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block, prior to Brazil’s upcoming 7th Production Sharing Bidding Round.
2021
CGG has announced the delivery of the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt. The ultramodern reimaged seismic data set covering over 9,300 sq km will provide valuable information to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block, prior to Brazil’s upcoming 7
th Production Sharing Bidding Round.
The Agata prospect is composed of ultra-deep pre-salt targets located below a highly deformed salt layer. Imaging in this area is particularly challenging due to the complexity of the salt geometry combined with an entangled network of igneous rocks in the post-salt associated with the Cabo Frio High volcanic activity. CGG’s Agata Reimaging program is designed to improve the base of salt continuity, lateral coherence and overall resolution to deliver superior images that minimize risk and provide a better understanding of the ex
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CGG: CGG and dCarbonX Sign Strategic Agreement for Decarbonisation Exploration
CGGApril 22, 2021 GMT
Paris, France – April 22, 2021
CGG has signed a strategic agreement to support dCarbonX in the subsurface assessment of its operated clean energy projects offshore Ireland and the UK (which include geothermal energy and storage sites for CO2, hydrogen and ammonia). Such projects are critical in the ongoing energy transition from fossil fuels to renewable energy systems.
CGG brings its integrated geoscience solutions to help identify and de-risk subsurface storage, sequestration and geothermal energy sites utilizing its proprietary expertise in geological, geophysical, engineering, modelling and monitoring technologies, including instrumentation from Sercel, its equipment division.
Train Durability and Performance: AKKA Provides Its Cross-sectorial Expertise to the Gearbodies Project
Regulatory News:
AKKA (Paris:AKA) (BSE:AKA) (ISIN:FR0004180537) reinforces its long-term contribution to improve trains sustainability and performance by participating to the one in a series of rail projects, including the GEARBODIES. AKKA s contribution to these projects illustrates the Group s ambition to reduce the ecological footprint of existing infrastructures and vehicles through innovation with longer-lasting technologies.
The GEARBODIES project
1 in collaboration with AKKA and 12 other partners
2 such as EURNEX (European Rail Research Network of Excellence), UNIFE (European Rail Industry Association) and CERTH (Centre for Research Technology Hellas) which aims to pave the way to a new efficient and reliable generation of trains without sacrificing capacity or speed.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CGG Announces Issuance of Senior Secured Notes and Completion of Conditions for Settlement of .
CGGApril 2, 2021 GMT
Paris, France – April 2, 2021
CGG announced today the issuance of $500 million in aggregate principal amount of 8.75% Senior Secured Notes due 2027 and €585 million in aggregate principal amount of 7.75% Senior Secured Notes due 2027 (together, the “Notes”). The Notes are guaranteed on a senior secured basis by certain subsidiaries of CGG S.A.
CGG also entered into a $100,000,000 super senior Revolving Credit Facility Agreement (the “RCF”) secured by the same security package as the Notes with its pricing linked in part to greenhouse gas emission reduction targets. No drawings have been carried out under the RCF.