Welcome to our dedicated page for CGG news (Ticker: CGG), a resource for investors and traders seeking the latest updates and insights on CGG stock.
The CGG news page on Stock Titan aggregates recent public communications that are issued under the Viridien name. These items present Viridien as an advanced technology, digital and Earth data company and provide insight into its financial performance, governance decisions, capital structure and major Earth data projects. Readers can use this page to review how the group describes its activities across natural resources, digital, energy transition and infrastructure-related challenges.
News items include detailed financial updates, such as quarterly and full-year segment revenue, segment EBITDAs, net cash flow and net debt figures, as well as commentary on the company’s asset-light strategy and deleveraging efforts. Viridien also publishes announcements about bond redemptions, new loans and liquidity, giving context on how it manages its balance sheet and financing costs.
Operational news highlights multi-client seismic and Earth data projects. Examples include the Megabar Extension Phase I multi-client 3D seismic survey in the Barreirinhas Basin offshore Brazil and a seismic reimaging program over offshore block 22 in Angola. These releases describe the scope of the surveys, the use of proprietary subsurface imaging technologies and the intended benefits for exploration and licensing activities.
Governance and regulatory news covers decisions by the Board of Directors, such as the separation of the roles of Chair and Chief Executive Officer, and monthly disclosures on the total number of issued shares and voting rights in accordance with French market regulations. By following this news feed, users can track how Viridien presents its strategic direction, financial trajectory and key Earth data initiatives over time.
Viridien (NYSE:CGG) and TGS have announced the launch of the Megabar Extension Phase I multi-client 3D seismic survey project in Brazil's Barreirinhas Basin. The project will cover 5,300 sq km of offshore area, with data acquisition starting September 2025 using TGS's Ramform Tethys vessel equipped with GeoStreamer® technology.
The survey targets an unexplored area with proven geological potential, sharing characteristics with giant discoveries in Guyana and Suriname basins. Viridien will conduct imaging using proprietary TL-FWI and RTM technologies, with initial imaging products expected by Q3 2026 and final data in Q1 2027. The project, supported by industry funding, aims to provide explorers with early-mover advantages in upcoming bid rounds.
Viridien (CGG) has released its monthly update on voting rights and shares as of August 31, 2025. The company reported a total of 7,180,449 issued shares, with 7,213,468 actual voting rights and 7,213,717 theoretical voting rights.
The company's shares follow French regulations where registered shares held for more than two years receive double voting rights, while treasury shares have no voting rights. This disclosure is made in compliance with French Commercial Code and AMF regulations.
Viridien (NYSE:CGG) has announced that its Sensing & Monitoring division, Sercel, has successfully delivered a comprehensive land nodal acquisition system to Sinopec. The system includes 65,000 WiNG nodes and is being deployed for a 3,000 square kilometer 3D seismic survey in Mexico's Tabasco and Veracruz regions.
The project has entered its production phase, operating across challenging terrains including plains, flooded areas, swamps, and hills. The WiNG system features advanced wireless communication technology and Pathfinder transmission management technology, enabling real-time monitoring and quality control of the entire acquisition spread.
Viridien (CGG) has released its monthly update on voting rights and shares as of July 31, 2025. The company reported a total of 7,180,449 issued shares with 7,213,469 actual voting rights and 7,213,718 theoretical voting rights.
The difference in voting rights is due to the company's policy where registered shares held for more than two years receive double voting rights, while treasury shares do not carry voting rights. This disclosure is made in compliance with French regulatory requirements.
Viridien (CGG) has announced the filing of its 2025 interim financial report with the French financial markets authority (AMF) on July 31, 2025. The report, covering the period ending June 30, 2025, is now accessible to investors and the public on the company's website under the Investors section.
Viridien (CGG) reported solid Q2 2025 results with segment revenue reaching $274 million, up 6% year-on-year. The company achieved segment adjusted EBITDAs of $107 million (+14% YoY) with a 39% margin improvement of 270 basis points. Key highlights include $30 million Net Cash Flow generation in Q2 and successful bond refinancing extending maturity to October 2030.
Performance was driven by Geoscience revenue growth of 10% to $115 million and Sensing & Monitoring revenue increase of 14% to $93 million. The Data, Digital and Energy Transition segment revenue grew 3% to $181 million. Despite working capital pressure from $50 million in overdue PEMEX receivables, the company reaffirmed its 2025 objective of generating approximately $100 million in Net Cash Flow.
Viridien (CGG) has scheduled the release of its Q2 2025 financial results for Thursday, July 31, 2025, after market close. The company will publish its press release and presentation on their website at 5:45 PM CET.
An English-language conference call will follow at 6:00 PM CET. Investors can participate by pre-registering to receive dial-in details and PIN code, or join via webcast. A replay will be available on the company's website for 12 months following the call.
Viridien (CGG) has reported its monthly update on voting rights and shares as of June 30, 2025. The company's total issued shares stand at 7,180,449, with 7,213,499 actual voting rights and 7,213,748 theoretical voting rights.
The company notes that all shares carry equal voting rights, except for treasury shares (which have no voting rights) and registered shares held for over two years (which carry double voting rights). This disclosure is made in accordance with French regulatory requirements.
