Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. CGG
  6. News
  7. Summary
    CGG   FR0013181864

CGG

(CGG)
  Report
Real-time Quote. Real-time Euronext Paris - 06/21 11:35:07 am
0.8478 EUR   -2.17%
06/16CGG  : Test PR
PU
06/08CGG  : Launches GeoSoftware 11.0 Integrated Portfolio for Reservoir Characterization
PU
06/02CGG  : Sercel Launches GPR300 – a Seabed Nodal Solution for Shallow Waters
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

CGG: CGG Launches SeaScope as part of expanding environmental monitoring portfolio

05/06/2021 | 01:30am EDT

CGG Launches SeaScope as part of expanding environmental monitoring portfolio

Paris, France – May 6, 2021

CGG has launched SeaScope, an innovative pollution monitoring solution, as part of its growing portfolio of products and services for environmental application. Combining expertise in remote sensing science, Earth observation data, machine learning and high-performance computing, SeaScope provides critical sea surface slick intelligence for a range of industries to strengthen situational awareness of the interaction between offshore assets, coastal facilities, local vessel activity and the natural marine environment.  

For energy companies with offshore assets, SeaScope’s proactive monitoring enables the establishment of production water baselines and provides early detection of anomalous events and third-party pollution incidents, as well as surveillance of natural seeps. It also supports the creation of a growing evidence base of responsible operations for stakeholders such as operators, regulators, investors and insurers, etc.

Capitalizing on over 25 years of experience in advanced processing and analysis of satellite data at CGG, SeaScope provides unique environmental awareness and insight to mitigate risk. The solution was developed with the support of the European Space Agency together with a group of energy companies and emergency response organizations. This process included a highly successful 12-month prototype demonstration across assets in the North Sea along with select producing regions of the Gulf of Mexico and South-East Asia. SeaScope is highly scalable and can deliver remote monitoring across global asset portfolios.

Peter Whiting, SVP, Geoscience, EAME, CGG, said: “SeaScope is the latest in our expanding portfolio of environmental monitoring solutions that are underpinned by our unique combination of geoscience and data science expertise and technology. With Seascope, CGG will help a range of offshore industries to mitigate risks, respond quickly to events and support their environmental and operational transparency measures, and related ESG commitments.”

About CGG

CGG (http://www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).

Contacts

Group Communications & Investor Relations
Christophe Barnini
Tel: + 33 1 64 47 38 11
E-Mail: christophe.barnini@cgg.com

 

SeaScope Business Development Manager
William Jeffery
Tel: + 44 1732 865023
E-Mail: william.jeffery@cgg.com
 

Attachment


All news about CGG
06/16CGG  : Test PR
PU
06/08CGG  : Launches GeoSoftware 11.0 Integrated Portfolio for Reservoir Characteriza..
PU
06/02CGG  : Sercel Launches GPR300 – a Seabed Nodal Solution for Shallow Waters
PU
06/02CGG : Sercel Launches GPR300 – a Seabed Nodal Solution for Shallow Waters
GL
05/27CGG  : 2021 Q1 Quarterly Results Presentation (English)
PU
05/27CGG  : and Geoptic Sign R&D Collaboration Agreement for Carbon Capture & Storage..
PU
05/26CGG  : Présentation Financière Mai 2021
PU
05/26CGG  : May 2021 Financial Presentation
PU
05/12CGG  : Présentation T1 2021
PU
05/12Oil industry spending cuts hammer services firm CGG
RE
More news
Financials (USD)
Sales 2021 986 M - -
Net income 2021 -114 M - -
Net Debt 2021 980 M - -
P/E ratio 2021 -5,68x
Yield 2021 -
Capitalization 718 M 718 M -
EV / Sales 2021 1,72x
EV / Sales 2022 1,52x
Nbr of Employees 3 700
Free-Float 99,9%
Chart CGG
Duration : Period :
CGG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CGG
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 1,56 $
Last Close Price 1,01 $
Spread / Highest target 136%
Spread / Average Target 54,3%
Spread / Lowest Target 6,37%
EPS Revisions
Managers and Directors
NameTitle
Sophie Zurquiyah-Rousset Chief Executive Officer & Director
Yuri Baidoukov Group Chief Financial Officer & Treasurer
Philippe Salle Chairman
Chu Ong Ting Chief Technology Officer
Michael C. Daly Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CGG4.67%718
SCHLUMBERGER LIMITED43.33%43 754
HALLIBURTON COMPANY16.35%19 565
BAKER HUGHES COMPANY8.73%17 543
TENARIS S.A.38.68%12 856
NOV INC.13.69%6 098