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May 22, 2024

CGG Changes Name to Viridien

At the Annual General Meeting on May 15, 2024, shareholders approved the resolution to change the company’s corporate name from CGG to Viridien.

CGG has signed a Memorandum of Understanding with Baker Hughes to facilitate the parties exploring jointly offered carbon capture & storage (CCS) solutions. The collaboration and proposed commercial alliance intends to support the rapid increase of CCS projects that is underway by providing high-quality and fully integrated end-to-end solutions to screen, select, characterize and monitor potential carbon storage sites worldwide.

CGG has announced the release of a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing CCUS market.

CGG has joined Phase 3 of the HNET Horda Platform Region Project led by industry partners to monitor background seismicity at the Northern Lights CO2 storage project.

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