Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  CGG    CGG   FR0013181864

CGG (CGG)

Delayed Quote. Delayed  - 07/27 05:35:18 pm
21.73 EUR   +3.97%
07/26CGG SA : half-yearly earnings release
07/20 CGG : REVERSE SPLIT: 1 of 32
07/19 KRISENERGY : Commences 3D Seismic Survey in Block G10/48 ibn Gulf of..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

CGG VERITAS : CGGVeritas Eidesvik Ship Management AS Appoints General Manager

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/06/2011 | 04:33pm CEST

Bergen, 6 December 2011

CGGVeritas and Eidesvik Offshore ASA have confirmed that Arnstein Øvsthus has been appointed as General Manager of their ship management joint venture, CGGVeritas Eidesvik Ship Management AS. Arnstein Øvsthus will take up his duties on 1st February 2012.

With over 30 years of wide-ranging experience in the offshore and shipping industries, Arnstein Øvsthus brings a wealth of maritime expertise to CGGVeritas Eidesvik Ship Management that will continue to enhance the CGGVeritas fleet's performance. Mr. Øvsthus previously worked for GC Rieber Shipping AS, most recently holding the positions of COO, with direct responsibility for all vessel operations in the GC Rieber Shipping Group, and Managing Director of the group's ship management services in Bergen.

The joint venture, dedicated to operating the high-end seismic vessels in the CGGVeritas fleet, is now fully operational. It has been joined by highly experienced professionals from both companies and all 10 high-end CGGVeritas vessels scheduled to be managed by the joint venture have now been transferred. The joint venture was created to share the operational constraints of seismic operations and achieve maritime operational excellence through reduced maritime downtime, better targeted maintenance, improved information flow and the sharing of best practices and joint systems.

Jan Fr. Meling, CEO of Eidesvik and Chairman of the Board of CGGVeritas Eidesvik Ship Management, said: "The establishment of the organization in Bergen strengthens Eidesvik's position as a leading international marine partner. The new company will enforce an even more seamless operation offshore."

Benoît Ribadeau-Dumas, Executive Vice President, Marine, CGGVeritas, said: "CGGVeritas Eidesvik Ship Management is a key component of our marine performance plan. Having a team dedicated to maritime expertise in Bergen will bring significant added value and support the operational excellence of the CGGVeritas seismic fleet."

About CGGVeritas

) is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.

Contacts

CGGVeritas Eidesvik Ship Management
Jan Fredrik Meling
Tel: +47 91 67 51 19
Email: janfredrik.meling@eidesvik.no

Media Relations
Sara Pink-Zerling
Tel: + 33 (1) 64 47 38 83
Email: sara.pink-zerling@cggveritas.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CGG
07/26CGG SA : half-yearly earnings release
07/20 CGG : REVERSE SPLIT: 1 of 32
07/19 KRISENERGY : Commences 3D Seismic Survey in Block G10/48 ibn Gulf of Thailand
07/19 KRISENERGY : begins 3D seismic recording in G10/48
07/15 CGG : Sercel Assigned Patent
07/14 CGG : Patent Issued for Method and Device to Acquire Seismic Data (USPTO 9383470..
07/08 CGG : announces its 2nd quarter 2016 results on Friday July 29th, 2016
07/08 CGG : Q2 2016 Results and Conference Call
07/07 CGG : Patent Issued for Autonomous Cleaning Device for Seismic Streamers and Met..
07/05 CGG : Monthly information relating to the number of voting rights and shares iss..
More news
Sector news : Oil Related Services
07/26DJBP Posts Third Loss in a Row
07/25DJOil Down on Bearish Outlook
07/22 S&P 500 companies start facing up to the potential Brexit costs
07/22DJDespite Optimism, Oil Firms Keep Cutting Jobs
07/22DJWORLD FUEL SERVICES : Oil Prices Fall on Glut in Refined Products
More sector news : Oil Related Services
News from SeekingAlpha
05/25 HIGH-YIELD BONDS : Truce
05/07 CGG's (CGG) CEO Jean-Georges Malcor on Q1 2016 Results - Earnings Call Transc..
05/03 CGG reports Q1 results
03/24 HIGH YIELD BONDS : 'The Rally'
03/03 CGG's (CGG) CEO Jean-Georges Malcor on Q4 2015 Results - Earnings Call Transc..
Advertisement
Financials ($)
Sales 2016 1 607 M
EBIT 2016 -63,2 M
Net income 2016 -291 M
Debt 2016 2 344 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 1,78x
EV / Sales 2017 1,73x
Capitalization 508 M
More Financials
Chart CGG
Duration : Period :
CGG Technical Analysis Chart | CGG | FR0013181864 | 4-Traders
Full-screen chart
Technical analysis trends CGG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 34,5 $
Spread / Average Target 50%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jean-Georges Malcor Chief Executive Officer & Director
RÚmi Dorval Chairman
Pascal Rouiller Group COO, Senior Executive VP-Equipment
StÚphane-Paul Frydman Chief Financial Officer & Senior Executive VP
Thierry Brizard Chief Technology Officer & Executive VP-Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CGG679.85%508
OFFSHORE OIL ENGINEERI..-18.99%4 859
SUBSEA 7 SA40.84%3 369
VERESEN INC22.31%2 529
AMEC FOSTER WHEELER PL..10.63%2 344
SAPURAKENCANA PETROLEU..--.--%2 094
More Results