CGG announced that However, given the current uncertainties on the duration of the confinement around the world and the magnitude of economic impact to businesses, the financial objectives communicated on March 6, 2020, which were based on a USD 55-65/bbl Brent oil price, are no longer effective. CGG is currently monitoring the situation and its clients’ activity closely to evaluate the impact on its 2020 financial performance, and is revisiting its 2020 and 2021 financial objectives, which are no longer valid.