Thread regarding CGG Veritas layoffs

Will CGG divest in Russia following the footsteps of BP and others?

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Post ID: @OP+1fFSErZl

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With Ion declaring bankruptcy, CGG-Sercel are now the top dog!

Woof

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Post ID: @zsjy+1fFSErZl

regarding the HAL, SLB, and Baker question, surely you would not expect a portfolio of exploration and ESG foray services to perform the same as a portfolio of development and production services. simply indicates customer priorities that exploration still lags.

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Post ID: @cpcv+1fFSErZl

Check Halliburton, Schlumberger, Baker (among others). CGG is not doing the same. Why not?

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Post ID: @cudm+1fFSErZl

FUGRO SUSPENDS OPERATIONS IN RUSSIA

https://www.fugro.com/media-centre/news/fulldetails/2022/03/08/fugro-suspends-operations-in-russia

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Post ID: @7unq+1fFSErZl

Of course they won't, they only do the right thing when forced to by law. Like with the US sanctions in Iran.

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Post ID: @1aya+1fFSErZl

ExxonMobil exits Russia amid energy firm exodus

https://www.cityam.com/exxonmobil-exits-russia-amid-energy-firm-exodus/

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Post ID: @1qmj+1fFSErZl

Here are the major US and European companies pulling out of Russia following the invasion of Ukraine

https://www.businessinsider.com/list-all-the-companies-pulling-out-of-russia-ukraine-war-2022-3?r=US&IR=T

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Post ID: @1aws+1fFSErZl

Shell to sell Russian investments due to Ukraine conflict

More info here

https://www.bbc.com/news/business-60564265

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Post ID: @1sqa+1fFSErZl

is there much of a presence in russia?

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Post ID: @odn+1fFSErZl

CGG are a corpse on life support. Time to pull the plug.

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Post ID: @pxh+1fFSErZl

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