CGG SA PT receives Investment Bank Analyst Rating Update
PARIS (Reuters) - Oil services group CGG (PA:GEPH) (N:CGG), which has been emerging from a debt restructuring plan, said it would delist its U.S. securities as the company felt...
Gainers: ANW +28%. RSPP +16%. LLEX +15%. CGG +7%. OMN +6%.Losers: ZN -35%. USAU -13%. PEIX -10%. MBII -9%. RKDA -9%.Now read: U.S. Gold Corp.: Low Risk For High Potential...
In its latest weekly release, Houston-based oilfield services company Baker Hughes Inc. BHI reported another rise in the U.S. rig count (number of rigs searching for oil and gas in...
CGG provides data, products, services, and solutions in Earth science, data science, sensing, and monitoring in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through two segments, Data, Digital & Energy Transition (DDE); and Sensing & Monitoring (SMO). The DDE segments engages in the developing and licensing Earth data seismic surveys; processing and imaging seismic data; sale of seismic data processing software under the Geovation brand; provision of geoscience and petroleum engineering consulting services; and collecting, developing, and licensing geological data. The SMO segment is involved in the design, engineering, and manufacturing of seismic equipment for the land and marine seismic data acquisition, including seismic recording equipment, software and seismic sources for land vibrators or marine sources, and sensing and monitoring equipment and solutions under the Sercel, Metrolog, GRC, DeRegt, and Geocomp brand names. This segment also provides customer support services, such as training. The company provides solutions for natural resources, environmental, infrastructure, energy transition, and digital applications. The company was formerly known as Compagnie Générale de Géophysique — Veritas SA and changed its name to CGG in 2013. CGG was incorporated in 1931 and is headquartered in Massy, France.
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