Key Developments: CGG SA (GEPH.PA)

GEPH.PA on Paris Stock Exchange

24 Apr 2015
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Latest Key Developments (Source: Significant Developments)

CGG SA acquires Taurus Reservoir Solutions
Wednesday, 22 Apr 2015 01:37am EDT 

CGG SA:Says its GeoConsulting Business Line has acquired Taurus Reservoir Solutions Ltd.With an offering that spans single-well to large field-scale solutions, Taurus brings new subsurface understanding to both conventional and unconventional reservoirs.  Full Article

Anadarko awards CGG SA proprietary 3D Marine seismic survey in Colombia
Thursday, 19 Mar 2015 02:34am EDT 

CGG SA:Says that it has been awarded contract by subsidiary of Anadarko Petroleum Corporation to acquire and process a 16,314-km(2)3D seismic survey on Caribbean coast offshore Colombia.Survey will be the largest marine seismic program ever acquired in Colombia and follows CGG's completion of Anadarko's 5,500-km(2)3D Fuerte survey offshore Colombia in 2013.  Full Article

CGG SA begins acquisition of Davros survey on Western Australia Shelf
Monday, 2 Mar 2015 01:41am EST 

CGG SA:Begins acquisition of Davros multi-client survey in Northern Carnarvon Basin on North West Shelf of Western Australia.Davros survey covers in excess 11,000 square kilometers.Davros survey is being conducted by Viking Vision, using CGG's BroadSeis variable-depth streamer configuration and BroadSource synchronized broadband multi-level source.Davros data to be imaged by CGG with technology including pre-stack depth migration (PSDM).  Full Article

CGG wins geophysical survey projects in Papua New Guinea
Wednesday, 14 Jan 2015 01:30am EST 

CGG SA:Wins geophysical survey projects in Papua New Guinea.Has been awarded both a land seismic and an airborne gravity survey by Interoil Corp to assess hydrocarbon potential of their acreage in Papua New Guinea.CGG's airborne group is to conduct a large Falcon Airborne Gravity Gradiometer (AGG) survey.  Full Article

Technip does not intend to file tender offer for CGG
Sunday, 14 Dec 2014 01:00pm EST 

Technip:Informs the market that it does not intend to file a tender offer for CGG.On Nov. 10 Technip approached CGG's Board of Directors with a view to making an offer on CGG.Following CGG’s reaction to this approach, Technip put forward a number of alternative options to a tender offer.Discussions of these options did not result in any form of agreement.  Full Article

CGG confirms client commitment to its StagSeis solution in Gulf of Mexico
Friday, 21 Nov 2014 01:30am EST 

CGG SA:Announces another commitment from exploration and production company to its StagSeisTM multi-client solution in Gulf of Mexico.  Full Article

CGG rejects Technip public tender offer
Thursday, 20 Nov 2014 03:05am EST 

CGG SA:Confirms having been approached by Technip in respect of potential combination.CGG has considered that conditions to pursue were not met.  Full Article

Technip will launch public tender offer for CGG shares at 8.30 euros per share
Thursday, 20 Nov 2014 02:59am EST 

Technip:Announces that, on Nov. 10, it approached CGG to create first tier oil and gas services provider.Says proposed transaction would take form of public tender offer in cash for CGG's shares at price of 8.30 euros per share.Says this involves integration and development of CGG's reservoir and data processing and seismic equipment activities within Technip.Says it would reinforce and then separate acquisition division of CGG.  Full Article

CGG Robertson and Wood Mackenzie launch new EV2 exploration valuation tool
Wednesday, 12 Nov 2014 01:31am EST 

CGG SA:CGG Robertson and Wood Mackenzie launch new EV2 exploration valuation tool.New EV2 exploration valuation tool combines extensive geological risk assessments of individual plays with advanced Monte Carlo economic simulations.  Full Article

CGG SA announces launch of PowerLog Frac
Wednesday, 29 Oct 2014 03:00am EDT 

CGG SA:Announces release of PowerLog Frac, a new tool to petrophysically analyze well log data and directly feed results into fracture simulation software.  Full Article

EU mergers and takeovers (April 8)

BRUSSELS, April 8 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

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