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CGG Adds New Southeast Asia Carbon Storage Study to Growing CCUS Library

Paris, France – February 20, 2024 CGG has announced the release of a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing CCUS market. This study ranks and prioritizes opportunities at large scale across 58 basins in Indonesia, Malaysia, Thailand and Vietnam, covering a total surface area of over 6 million km2, to help streamline the process for identifying the best basins and plays for potential carbon storage. The stud

CGG Q4 Prelim Segment Revenue Slips; Expects Full-year 2024 Performance To Improve

CGG (CGG) said on Wednesday that it expects a decline in segment revenue fourth-quarter. However, it projects a rise in the full-year segment revenue. In addition, the firm said that it expects an improvement for the full year 2024, compared with 2023.

CGG (OTCMKTS:CGGYY) Short Interest Update

CGG (OTCMKTS:CGGYY – Get Free Report) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 700 shares, an increase of 600.0% from the November 30th total of 100 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is currently […]

Animal welfare body urges review of seismic survey approval

The NSPCA, South Africa’s biggest animal welfare organisation, has called for a review of the environment department’s authorisation of CGG’s application to conduct a seismic survey off the coast of the southeastern Cape.

Nelson Mandela Bay anti-seismic survey protesters blast CGG authorisation

A small group of protesters gathered at Brighton Beach on Saturday to voice their outrage over the authorisation of an application to undertake an offshore seismic survey between Plettenberg Bay and Algoa Bay.

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