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Stock Market & Financial Investment News

News Breaks
April 8, 2014
05:30 EDTCGGCGG SA acquires large BroadSeis/BroadSource 3D multi-client survey in Norway
CGG announced that it has started acquiring a large BroadSeis/BroadSource 3D multi-client survey in the Northern North Sea offshore Norway. The Horda survey will be the largest broadband multi-client program CGG has acquired in NW Europe as well as the largest multi-client 3D survey ever shot by any company in Norway. The survey is being acquired by the Viking Vanquish, and a second vessel will join later in the season. The acquisition program will continue in 2015. Following several recent discoveries the greater Horda area has become an area of high exploration activity. The survey program's main objective is to provide a large, uniform dataset with increased seismic resolution which will offer a platform to improve industry understanding of the regional geology. The survey has received high prefunding from the industry. Early participants have had the option to recommend priority areas and will also be invited to monitor the data processing which will be conducted in CGG's Oslo subsurface imaging center.
News For CGG From The Last 14 Days
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February 3, 2016
05:18 EDTCGGCGG SA awarded survey extension offshore Colombia
CGG announced that it has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015. The new survey follows on from the original over 16,000-km2 survey CGG conducted over portions of the Col-1 and Col-2 blocks, which was the largest survey ever recorded offshore Colombia. This major extension is expected to start in February 2016. The additional data will also be processed in CGG's Houston subsurface imaging center.

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