CGG transforms amid downturn

FRENCH New York-listed geoscience giant CGG is doggedly sticking to its transformation plan as oil companies’ caution intensifies amid a plummeting oil price.

CGG transforms amid downturn CGG transforms amid downturn CGG transforms amid downturn CGG transforms amid downturn CGG transforms amid downturn

CGG revealed a somewhat resilient third quarter operating income, with its transformation on with a reduction in the size of its marine 3D fleet and staff numbers.

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