CGG

New Slate of Officers and Board Members Elected at EnerGeo’s 53rd Annual Membership Meeting

Retrieved on: 
Thursday, February 22, 2024

Houston, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Today, EnerGeo Alliance successfully concluded its 53rd Annual Membership Meeting where members elected new directors and officers.

Key Points: 
  • Houston, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Today, EnerGeo Alliance successfully concluded its 53rd Annual Membership Meeting where members elected new directors and officers.
  • Andrea Lovatini (Director, Exploration Data and Geosolutions, slb) and Irene Waage Basili (CEO, Shearwater ) have been elected directors for 2-year terms (2024-2026).
  • The virtual EnerGeo Alliance Annual Membership Meeting featured keynote speakers Dr. Vijaya Ramachandran , Director for Energy and Development at The Breakthrough Institute and Cameron Grebe , IOPER (International Offshore Petroleum Environment Regulators) Chair.
  • Industry executives Irene Waage Basili (CEO, Shearwater) and Andy Drummond (EVP, Exploration & Development, Woodside Energy ) shared their perspectives on the industry’s future.

Global Digital Oilfield Market to reach a valuation of US$ 70.1 billion by 2034, FMI Projection

Retrieved on: 
Wednesday, February 21, 2024

NEWARK, Del., Feb. 21, 2024 /PRNewswire/ -- The global digital oilfield market is anticipated to reach a valuation of US$ 34.1 Billion in 2024, driven by integration of blockchain technology.

Key Points: 
  • NEWARK, Del., Feb. 21, 2024 /PRNewswire/ -- The global digital oilfield market is anticipated to reach a valuation of US$ 34.1 Billion in 2024, driven by integration of blockchain technology.
  • Collaboration and partnerships among oil and gas companies, technology providers, and service vendors are driving innovation and accelerating the adoption of digital oilfield solutions.
  • Prominent players in the digital oilfield market are Schlumberger, Halliburton, Weatherford International, ABB, Emerson, CGG, Siemens, Rockwell Automation, and Kongsberg, among others.
  • Future Market Insights offers an unbiased analysis of the global digital oilfield market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.

Global Digital Oilfield Market to reach a valuation of US$ 70.1 billion by 2034, FMI Projection

Retrieved on: 
Wednesday, February 21, 2024

NEWARK, Del., Feb. 21, 2024 /PRNewswire/ -- The global digital oilfield market is anticipated to reach a valuation of US$ 34.1 Billion in 2024, driven by integration of blockchain technology.

Key Points: 
  • NEWARK, Del., Feb. 21, 2024 /PRNewswire/ -- The global digital oilfield market is anticipated to reach a valuation of US$ 34.1 Billion in 2024, driven by integration of blockchain technology.
  • Collaboration and partnerships among oil and gas companies, technology providers, and service vendors are driving innovation and accelerating the adoption of digital oilfield solutions.
  • Prominent players in the digital oilfield market are Schlumberger, Halliburton, Weatherford International, ABB, Emerson, CGG, Siemens, Rockwell Automation, and Kongsberg, among others.
  • Future Market Insights offers an unbiased analysis of the global digital oilfield market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.

CGG Sells its Stake in ARGAS to TAQA  

Retrieved on: 
Tuesday, November 21, 2023

CGG announced today that it has entered into a definitive agreement with Industrialization and Energy Services Company ("TAQA") to sell its entire 49% stake in Arabian Geophysical and Surveying Company (ARGAS).

Key Points: 
  • CGG announced today that it has entered into a definitive agreement with Industrialization and Energy Services Company ("TAQA") to sell its entire 49% stake in Arabian Geophysical and Surveying Company (ARGAS).
  • The transaction is expected to close this year, subject to satisfying relevant conditions.
  • Sophie Zurquiyah, CEO CGG, said “The sale of our stake in ARGAS marks a final step in the strategic plan that we launched back in 2018 to become an asset-light company, by exiting the data acquisition services business and strengthening the focus on our differentiated high-end technology businesses.
  • We look forward to continuing to provide the Kingdom of Saudi Arabia and TAQA with our high-end subsurface imaging and seismic acquisition systems to support their business objectives and playing our part in the successful development of energy and low-carbon resources in the Middle East region.”

CGG Launches Outcome-as-a-Service Offering for HPC and AI Solutions  

Retrieved on: 
Monday, November 13, 2023

CGG, a global technology & HPC leader, is proud to announce the launch of its new Outcome-as-a-Service (OaaS) offering, designed to deliver customized, capability-focused HPC and AI solutions for scientific and engineering domains including generative AI and life sciences.

Key Points: 
  • CGG, a global technology & HPC leader, is proud to announce the launch of its new Outcome-as-a-Service (OaaS) offering, designed to deliver customized, capability-focused HPC and AI solutions for scientific and engineering domains including generative AI and life sciences.
  • OaaS offers a guaranteed cost-effective approach for users wanting to transition their HPC and AI workloads to a production-based model aligned with their business objectives.
  • With decades of experience in the design, operation, and optimization of Industrial HPC in geoscience, experts from CGG's AI & HPC Centre of Excellence, work closely with clients to streamline demanding workloads on its specialized HPC Cloud platform.
  • Agnès Boudot, EVP, HPC & Cloud Solutions, CGG, said: "We're excited to be the first market player to introduce the innovative OaaS offering, addressing the growing trend of users seeking more productive and sustainable HPC and AI solutions.

Cerba HealthCare Changes Its Governance and Appoints Emmanuel Ligner Group Chief Executive Officer

Retrieved on: 
Thursday, November 9, 2023

Cerba HealthCare, a leading player in medical diagnostics, announces the appointment of Emmanuel Ligner as Chief Executive Officer of the Group.

Key Points: 
  • Cerba HealthCare, a leading player in medical diagnostics, announces the appointment of Emmanuel Ligner as Chief Executive Officer of the Group.
  • Cerba HealthCare aims to remain at the forefront of medical innovation to help develop new treatments and improve patient health.
  • Emmanuel Ligner, Group Chief Executive Officer, said: « Cerba HealthCare is a leading company in the field of medical diagnostics as evidenced by the Group’s growth and the importance it has placed on innovation since its very inception.
  • »
    Jérôme Thill, Senior Advisor and former Chief Executive Officer of the Group, adds: « As I step down as Chief Executive Officer, I would like to thank all of Cerba HealthCare’s teams and partners.

CGG and LightOn Collaborate to Evaluate Industrial HPC and AI Models

Retrieved on: 
Monday, November 6, 2023

CGG, a global technology & HPC leader, and LightOn , a pioneering artificial intelligence (AI) company, have joined forces under a new contract to leverage CGG's industrial High-Performance Computing (HPC) solutions.

Key Points: 
  • CGG, a global technology & HPC leader, and LightOn , a pioneering artificial intelligence (AI) company, have joined forces under a new contract to leverage CGG's industrial High-Performance Computing (HPC) solutions.
  • This will enable LightOn to optimally evaluate and test Large Language Models (LLMs) to support the industrial deployment of AI.
  • The agreement between CGG and LightOn is driven by a shared industrial approach based on robust, reliable, scalable and cost-performant technology.
  • LightOn can now use CGG's HPC & AI Centre of Excellence to benchmark their LLMs, exploring innovative hardware configurations hosted by CGG to identify the most optimal solution.

CGG Announces its Q3 Financial Results on Monday 6th November 2023, after Market Close

Retrieved on: 
Monday, October 23, 2023

CGG will announce its third quarter 2023 financial results on Monday November 6th, after market close.

Key Points: 

CGG will announce its third quarter 2023 financial results on Monday November 6th, after market close.
Participants should register for the call here to receive a dial-in number and code or participate in the live webcast from here.

CGG Opens New UK HPC Hub, Increasing its Global Total HPC Capacity to 500 Petaflops

Retrieved on: 
Thursday, October 19, 2023

CGG is pleased to announce the opening of its new UK HPC (High-Performance Computing) Hub in Southeast England.

Key Points: 
  • CGG is pleased to announce the opening of its new UK HPC (High-Performance Computing) Hub in Southeast England.
  • The initial capacity of the center is 100 petaflops, bringing the company’s global total to an industry-leading 500 petaflops.
  • The UK HPC Hub leverages CGG’s decades of innovation in efficient, industrial HPC design and operations for the energy industry.
  • Agnès Boudot, EVP, HPC & Cloud Solutions, CGG, said: “CGG is a global leader in industrial and customized end-to-end HPC and AI services.

CGG Releases New GeoVerse Carbon Storage Study for Gulf of Mexico

Retrieved on: 
Tuesday, October 3, 2023

CGG has announced the delivery of the eastern phase of its GeoVerse™ Carbon Storage Gulf of Mexico Study and commencement of the westward extension of the study.

Key Points: 
  • CGG has announced the delivery of the eastern phase of its GeoVerse™ Carbon Storage Gulf of Mexico Study and commencement of the westward extension of the study.
  • These studies provide an accurate, unique, and independent map-based assessment of carbon storage opportunities coupled with a desktop-ready well database and web-based visualization dashboards for informed and rapid decision making.
  • Dechun Lin, EVP Earth Data, CGG, said: “CGG continues to expand its GeoVerse portfolio of expert-driven and data-rich screening studies.
  • This newly released study that spans the Texas and Louisiana gulf coast provides critical subsurface information to accelerate exploration for suitable carbon storage sites in this promising region.”