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CGG (company)

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CGG is focused on monitoring of geothermal developments, carbon capture/ utilization and storage, and management of minerals to find solutions to reach a sustainable and zero-carbon future. CGG intelligence evaluates and monitors geothermal developments across asset life. CGG has capabilities on
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The first two years of business for CGG were shaky. Near-surface surveys (hydrology, mining and civil engineering) and oil exploration were not enough to break even in a period when oil was worth 10 cents a barrel. In 1966, CGG opened its first seismic data processing center in Massy, France.
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CGG utilizes analytics and earth monitoring to understand human impact on environment. CGG focuses on critical environmental insight (on land, ocean, or atmosphere) through remote sensing, machine learning analytics, data analysis & interpretation, and high performance computing (HPC).
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The Geology, Geophysics & Reservoir Division provides seismic and geophysical services for characterizing the subsurface, and monitoring hydrocarbon reservoirs. Services include Land and Marine Seismic Acquisition, Geophysical Processing and Imaging, and Reservoir Characterization.
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CGG's Equipment business, Sercel, offers systems, sensors and sources for seismic acquisition and downhole monitoring. Oilfield service companies and geophysical contractors use the equipment for monitoring subsurface characteristics on onshore, offshore, downhole and seabed activities.
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CGG develops geoscience technology to find natural resources and manage those resources sustainably. The organization focuses on the development process of oil & gas, the lifecycle of minerals & mining, and the monitoring and evaluation of geothermal developments.
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Minerals and Mining: CGG supports mineral exploration through global geological predictions and plate kinematic studies, satellite-derived surface material alteration targeting, provision of geophysical equipment, and the development and provision of modeling software.
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One of the known applications of CGG's infrastructure monitoring technology is in its work on the "Connected Bridges" project for the French public body. CGG contributed to implementation of autonomous sensors and cloud based signal processing.
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CGG utilizes monitoring technology to understand infrastructure's life span, conditions, and need of enhancements. CGG's Sercel Structural Monitoring solutions detect potential issues early on to provide structure integrity and public safety.
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Geothermal: CGG evaluates and monitors geothermal developments to gain insight across asset life cycle by utilizing data & analytics, resource assessments, reservoir characterization, and production & monitoring.
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Some of the environmental projects in which CGG has worked on include conducting microplastics pollution surveys as part of study for an effort to create a Plastic Free zone at Yr Wydffa (Snowdon).
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screening, evaluating, and monitoring of sub-surface risks to speed up development and minimize risk. Additionally, CGG works on responsible management of minerals for energy transition.
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Meanwhile, Digital Consultants Inc. had been established in Houston, Texas in 1965. In 1969, Digital Consultants reincorporated as Digicon Inc. (DGC), becoming a public company on the
1057: 1042: 261:, merged into La Compagnie Générale de Géophysique (CGG). SGRM provided 5,000,000 francs of capital and CGG capital of 120,000 francs. In his premises at 30 rue Fabert, in Paris, 1032: 994: 604:"CGG to Apply for the Delisting of its American Depositary Shares from the New York Stock Exchange and Deregistration with the Securities and Exchange Commission" 329:, compared to $ 69m in 2019, while turnover fell 35% to $ 886m. For 2021, CGG expected more optimistic outcome due to vaccination and the rebound in oil prices. 265:
decided to transfer the subsurface business to CGG while SPE retained the logging. At the same time, Raymond Maillet from SGRM was appointed President of CGG.
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The announcement stirred backlash from environmental groups and South African civil society. This backlash mirrored a similar response to attempts by
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In a move to focus on geophysical services, it got rid of those divisions, ending in 2019 by the sale of its last vessels to Shearwater Geoservices.
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that CGG had been granted authorization by the South African government to conduct seismic blasting between Plettenberg Bay and Gqeberha.
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CGG has had data acquisition capabilities to conduct geophysical surveys, both on the ground (Land division) and at sea (Marine division).
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services company that specializes on solving complex natural resource, environmental and infrastructure challenges.
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CGG has digital capabilities in data management, data transformation, machine learning, and cloud services.
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The company became CGGVeritas through its merger with the North American company Veritas in 2007.
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In March 1931, SPE and Société Géophysique de Recherches Minières (SGRM), both specialists in
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Veritas Energy Services, a geophysical services company, was established in 1974 in
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In 2020, the group's net loss reached $ 442m due to oil crisis which followed the
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In December 2023, the company was authorized to conduct seismic blasting between
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GMT, Recharge Content Studio www cgg com Published 25 January 2022 21:21.
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In 1996, Veritas DGC was formed from the merger of Veritas and Digicon.
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owned firm Rafael B. Cruz and Associates Ltd. by David B. Robson.
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Construction and civil engineering companies established in 1931
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In December 2023, it was announced by environmental group
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Companies formerly listed on the New York Stock Exchange
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Seismological observatories, organisations and projects
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and Shearwater Geo to conduct seismic blasting off the
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Non-renewable resource companies established in 1931
542: 540: 596: 1009: 554:(Press release). April 12, 2019. Archived from 537: 430: 923:: CS1 maint: numeric names: authors list ( 166:Compagnie Générale de Géophysique (Norway) 782:"Creating a Plastic Free Zone on Snowdon" 422:Geology, Geophysics & Reservoir (GGR) 281:, Alberta, Canada with the purchase of a 905:Recharge | Latest renewable energy news 318:In September 2012, CGGVeritas acquired 1010: 306:CGGVeritas acquired Norwegian company 876:"CGG: Minerals & Mining Services" 1038:French companies established in 1931 379: 337: 808:Sercel Structural Health Monitoring 676:. 24 September 2012. Archived from 610:(Press release). September 11, 2018 578:"CGG Plans to Delist from the NYSE" 13: 1053:Companies listed on Euronext Paris 14: 1069: 718:"Minerals & Mining Resources" 366: 354: 25: 1018:Engineering companies of France 987: 969: 955: 931: 898: 892: 868: 844: 820: 796: 774: 760: 738: 724: 710: 692: 396: 662: 640: 622: 410: 272: 1: 453: 332: 298: 748:. Upstream, NHST Media Group 525:(Press release). May 6, 2021 431:Seismic Survey Controversies 401: 7: 1023:Oilfield services companies 10: 1074: 706:(in French). 5 March 2021. 388: 237: 175: 160: 150: 140: 123: 113: 99: 91: 81: 67: 43: 33: 24: 1048:Companies based in Paris 852:"CGG: Energy Transition" 768:"Environmental Sciences" 732:"CGG Launches MineScope" 211:, and was listed on the 648:"CGG: Our History 2009" 523:ml-eu.globenewswire.com 290:American Stock Exchange 215:until October 1, 2018. 213:New York Stock Exchange 497:globalminingreview.com 313: 680:on 23 September 2015 584:. September 11, 2018 558:on February 13, 2022 450:in December 2021. 983:. 10 December 2023. 784:. BusinessNewsWales 636:. 10 December 2023. 263:Conrad Schlumberger 248:Marcel Schlumberger 244:Conrad Schlumberger 152:Number of employees 21: 1001:. 5 December 2021. 310:in December 2008. 246:, and his brother 19: 608:globenewswire.com 552:live.euronext.com 499:. 9 November 2021 380:Energy Transition 338:Natural Resources 327:COVID-19 pandemic 207:CGG is listed on 185: 184: 136: 129:Sophie Zurquiyah 1065: 1003: 1002: 991: 985: 984: 973: 967: 966: 959: 953: 952: 950: 949: 935: 929: 928: 922: 914: 912: 911: 896: 890: 889: 887: 886: 872: 866: 865: 863: 862: 848: 842: 841: 839: 838: 824: 818: 817: 815: 814: 800: 794: 793: 791: 789: 778: 772: 771: 764: 758: 757: 755: 753: 742: 736: 735: 728: 722: 721: 714: 708: 707: 696: 690: 689: 687: 685: 666: 660: 659: 657: 655: 644: 638: 637: 626: 620: 619: 617: 615: 600: 594: 593: 591: 589: 574: 568: 567: 565: 563: 544: 535: 534: 532: 530: 515: 509: 508: 506: 504: 489: 483: 482: 480: 478: 463: 308:Wavefield Inseis 169:Wavefield Inseis 130: 77: 29: 22: 18: 1073: 1072: 1068: 1067: 1066: 1064: 1063: 1062: 1008: 1007: 1006: 993: 992: 988: 975: 974: 970: 961: 960: 956: 947: 945: 937: 936: 932: 916: 915: 909: 907: 897: 893: 884: 882: 874: 873: 869: 860: 858: 850: 849: 845: 836: 834: 832:blog.sercel.com 826: 825: 821: 812: 810: 802: 801: 797: 787: 785: 780: 779: 775: 766: 765: 761: 751: 749: 744: 743: 739: 730: 729: 725: 716: 715: 711: 698: 697: 693: 683: 681: 668: 667: 663: 653: 651: 646: 645: 641: 628: 627: 623: 613: 611: 602: 601: 597: 587: 585: 576: 575: 571: 561: 559: 546: 545: 538: 528: 526: 517: 516: 512: 502: 500: 491: 490: 486: 476: 474: 473:. 11 April 2019 465: 464: 460: 456: 433: 424: 413: 404: 399: 391: 382: 369: 357: 340: 335: 316: 301: 275: 240: 220:Plettenberg Bay 167: 153: 126: 116: 73: 63: 48: 38:Société Anonyme 17: 12: 11: 5: 1071: 1061: 1060: 1055: 1050: 1045: 1040: 1035: 1030: 1025: 1020: 1005: 1004: 986: 968: 954: 939:"CGG: Digital" 930: 891: 867: 843: 819: 795: 773: 759: 737: 723: 709: 691: 674:CGGVeritas.com 661: 639: 621: 595: 582:marinelink.com 569: 536: 510: 484: 457: 455: 452: 432: 429: 423: 420: 412: 409: 403: 400: 398: 395: 390: 387: 381: 378: 368: 367:Infrastructure 365: 356: 353: 339: 336: 334: 331: 315: 312: 300: 297: 274: 271: 239: 236: 209:Euronext Paris 183: 182: 177: 173: 172: 164: 158: 157: 154: 151: 148: 147: 142: 138: 137: 127: 124: 121: 120: 117: 114: 111: 110: 101: 97: 96: 93: 89: 88: 83: 79: 78: 71: 65: 64: 62: 61: 55:Euronext Paris 51: 49: 44: 41: 40: 35: 31: 30: 16:French company 15: 9: 6: 4: 3: 2: 1070: 1059: 1056: 1054: 1051: 1049: 1046: 1044: 1041: 1039: 1036: 1034: 1031: 1029: 1026: 1024: 1021: 1019: 1016: 1015: 1013: 1000: 996: 990: 982: 978: 972: 964: 958: 944: 940: 934: 926: 920: 906: 902: 895: 881: 877: 871: 857: 853: 847: 833: 829: 823: 809: 805: 799: 783: 777: 769: 763: 747: 741: 733: 727: 719: 713: 705: 701: 695: 679: 675: 671: 665: 649: 643: 635: 631: 625: 609: 605: 599: 583: 579: 573: 557: 553: 549: 543: 541: 524: 520: 514: 498: 494: 488: 472: 468: 462: 458: 451: 449: 445: 440: 438: 428: 419: 416: 408: 394: 386: 377: 373: 364: 361: 355:Environmental 352: 348: 344: 330: 328: 323: 321: 311: 309: 304: 296: 293: 291: 286: 284: 280: 270: 266: 264: 260: 256: 251: 249: 245: 235: 233: 229: 225: 221: 216: 214: 210: 205: 203: 200: 197: 196:multinational 193: 189: 181: 178: 174: 170: 165: 163: 159: 155: 149: 146: 143: 139: 134: 128: 122: 118: 112: 109: 105: 102: 98: 94: 90: 87: 84: 80: 76: 72: 70: 66: 60: 56: 53: 52: 50: 47: 42: 39: 36: 32: 28: 23: 998: 989: 980: 971: 957: 946:. 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Retrieved 471:barsc.org.uk 470: 461: 441: 434: 425: 417: 414: 405: 397:Organization 392: 383: 374: 370: 362: 358: 349: 345: 341: 324: 317: 305: 302: 294: 287: 276: 267: 259:magnetometry 252: 241: 228:South Africa 217: 206: 191: 187: 186: 162:Subsidiaries 156:3,890 FY2020 100:Headquarters 75:FR0013181864 34:Company type 981:Herald Live 963:"StackPath" 943:www.cgg.com 880:www.cgg.com 856:www.cgg.com 634:Herald Live 411:Acquisition 283:Rafael Cruz 273:Veritas DGC 180:www.cgg.com 115:Area served 1012:Categories 948:2022-05-06 910:2022-05-06 885:2022-05-06 861:2022-05-06 837:2022-05-06 813:2022-05-06 804:"About us" 752:20 October 454:References 448:Wild Coast 437:Seaspiracy 333:Operations 299:CGGVeritas 255:seismology 202:technology 199:geoscience 145:Geoscience 125:Key people 86:Geoscience 788:31 August 704:Le Figaro 444:Shell PLC 402:Equipment 242:In 1926, 46:Traded as 919:cite web 734:. BARSC. 224:Gqeberha 171:(Norway) 141:Services 82:Industry 20:CGG S.A. 684:2 April 389:Digital 279:Calgary 238:History 232:ecocide 194:) is a 176:Website 92:Founded 57::  770:. CGG. 720:. CGG. 654:15 May 188:CGG SA 119:Global 108:France 650:. CGG 320:Fugro 234:. 104:Massy 999:SABC 925:link 790:2021 754:2020 686:2021 656:2015 616:2022 590:2022 564:2022 531:2022 505:2022 479:2022 257:and 222:and 95:1931 69:ISIN 314:CGG 226:in 192:CGG 133:CEO 59:CGG 1014:: 997:. 979:. 941:. 921:}} 917:{{ 903:. 878:. 854:. 830:. 806:. 702:. 672:. 632:. 606:. 580:. 550:. 539:^ 521:. 495:. 469:. 292:. 106:, 965:. 951:. 927:) 913:. 888:. 864:. 840:. 816:. 792:. 756:. 688:. 658:. 618:. 592:. 566:. 533:. 507:. 481:. 190:( 135:) 131:(

Index


Société Anonyme
Traded as
Euronext Paris
CGG
ISIN
FR0013181864
Geoscience
Massy
France
CEO
Geoscience
Subsidiaries
Wavefield Inseis
www.cgg.com
multinational
geoscience
technology
Euronext Paris
New York Stock Exchange
Plettenberg Bay
Gqeberha
South Africa
ecocide
Conrad Schlumberger
Marcel Schlumberger
seismology
magnetometry
Conrad Schlumberger
Calgary

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