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CGG: CGG Announces its Q1 2021 Results


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CGG: CGG Announces its Q1 2021 Results
CGGMay 12, 2021 GMT
Positive Net Cash Flow and Successful Refinancing
Seasonal Soft Quarter with Solid Equipment Performance
2021 Financial Objectives Confirmed
PARIS, France –
May 12, 2021 – CGG (ISIN: FR0013181864), a world leader in Geoscience, announced today its first quarter 2021 non-audited results.
Commenting on these results, Sophie Zurquiyah, CGG CEO, said:

With our successful refinancing we delivered the last milestone in our CGG 2021 strategy while normalizing our capital structure. We are now actively developing our new ambitions, focusing on growing our core highly differentiated businesses as the market gradually strengthens, and accelerating our growth beyond the core into sectors, including digitalization, observation & monitoring, and energy transition. ....

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CGG: CGG Awarded Equinor OBN Imaging Contract in Brazil


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CGG: CGG Awarded Equinor OBN Imaging Contract in Brazil
CGGMay 10, 2021 GMT
in Brazil
Paris, France – May 10, 2021
CGG has been awarded a major contract by Equinor for the seismic imaging of its Bacalhau 3D ocean bottom node (OBN) survey covering 409 sq km currently being acquired in Brazil’s deepwater Santos Basin. Final products for the fully imaged dataset are expected to be delivered within ten months after the survey is scheduled to complete in May 2021.
The project is already underway at CGG’s Rio de Janeiro subsurface imaging center where its highly experienced team of geoscientists are employing CGG’s industry-leading proprietary imaging technologies, including reverse time migration, time-lag full-waveform inversion (TLFWI) and interbed multiple attenuation, to address pre-salt illumination challenges caused by the presence of very thick stratifi ....

Rio De Janeiro , Estado Do Rio , France General , Sophie Zurquiyah , Christophe Barnini , Group Communications Investor Relations , Imaging Contract , Santos Basin , Euronext Paris , ரியோ டி ஜானிரோ , எஸ்டாடோ செய் ரியோ , பிரான்ஸ் ஜநரல் , குழு தகவல்தொடர்புகள் முதலீட்டாளர் உறவுகள் , சாண்டோஸ் பேசின் ,