CGG changes its name to Viridien

Viridien, formerly CGG, ushers in a new era, promising innovation and growth in earth technologies.

Share:

CGG Rebranding Viridien

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

At its Annual General Meeting, CGG marked a major strategic turning point by officially changing its name to Viridien. This transformation reflects the company’s renewed ambition to position itself as an undisputed leader in advanced digital and terrestrial data technologies. Sophie Zurquiyah, Managing Director of Viridien, makes the following point:

“Our new name, Viridien, connects our company’s history to our future, confidently positioning us for accelerated growth as a global leader in advanced technology, digital and Earth data.”

Growth strategy and portfolio expansion

Viridien doesn’t just change its name. The company is also expanding its portfolio to include new offerings. Scheduled to be officially launched on June 10 at the EAGE annual conference in Oslo, the Viridien brand will encompass core activities such as geoscience, earth data, and detection and monitoring. It will also extend to low-carbon markets and beyond energy. The aim is to embrace the minerals and mining, CCS (carbon capture and storage), HPC (high-performance computing) and infrastructure monitoring sectors.

Impact on the industry and future challenges

Viridien’s rebranding is a strategic move, aimed at strengthening its presence in markets that are undergoing major changes in response to the challenges of the energy transition. The company strives to meet the growing demand for technological solutions that facilitate more responsible use of natural resources. This approach also illustrates a desire to adapt to new market dynamics, where technology and innovation play crucial roles in environmental sustainability.
With its new name and expanded strategy, Viridien is poised for accelerated growth and a significant impact on the earth technology industry. The brand’s forthcoming launch in Oslo promises not only to consolidate its leadership position, but also to propel the company into new and innovative horizons.

Shell restructures six series of bonds through an exchange offer, migrating them to its U.S. subsidiary to optimize its capital structure and align its debt with its U.S. operations.
The partnership combines industrial AI tools, continuous power supplies, and investment vehicles, with volumes and metrics aligned to the demands of high-density data centers and operational optimization in oil and gas production.
Iberdrola has finalized the acquisition of 30.29% of Neoenergia for 1.88 billion euros, strengthening its strategic position in the Brazilian energy market.
Dominion Energy reported net income of $1.0bn in Q3 2025, supported by solid operational performance and a revised annual outlook.
Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.
Athabasca Oil steps up its share repurchase strategy after a third quarter marked by moderate production growth, solid cash flow generation and disciplined capital management.
Schneider Electric reaffirmed its annual targets after reporting 9% organic growth in Q3, driven by data centres and manufacturing, despite a negative currency effect of €466mn ($492mn).
The Italian industrial cable manufacturer posted revenue above €5bn in the third quarter, driven by high-voltage cable demand, and adjusted its 2025 guidance upward.
The Thai group targets energy distributors and developers in the Philippines, as the national grid plans PHP900bn ($15.8bn) in investments for new transformer capacity.
Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.
The French industrial gas group issued bonds with an average rate below 3% to secure the strategic acquisition of DIG Airgas, its largest transaction in a decade.
With a 5.6% increase in net profit over nine months, Naturgy expects to exceed €2bn in 2025, while launching a takeover bid for 10% of its capital and engaging in Spain’s nuclear debate.
Austrian energy group OMV reported a 20% increase in operating profit in Q3 2025, driven by strong performance in fuels and petrochemicals, despite a decline in total revenue.
Equinor reported 7% production growth and strong cash flow, despite lower hydrocarbon prices weighing on net results in the third quarter of 2025.
The former EY senior partner joins Boralex’s board, bringing over three decades of audit and governance experience to the Canadian energy group.
Iberdrola has confirmed a €0.25 per share interim dividend in January, totalling €1.7bn ($1.8bn), up 8.2% from the previous year.
A new software developed by MIT enables energy system planners to assess future infrastructure requirements amid uncertainties linked to the energy transition and rising electricity demand.
Noble Corporation reported a net loss in the third quarter of 2025 while strengthening its order backlog to $7.0bn through several major contracts, amid a transitioning offshore market.
SLB, Halliburton and Baker Hughes invest in artificial intelligence infrastructure to offset declining drilling demand in North America.
The French energy group announced the early repayment of medium-term bank debt, made possible by strengthened net liquidity and the success of recent bond issuances.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.