Geoscience News


Partners Lead New Swarm Technology Research

Oct 16, 2018

U.K. based marine technology company Autonomous Robotics Ltd (ARL) will collaborated with Aberdeen’s Robert Gordon University (RGU) to research simultaneous, distributed and scalable localization system for a swarm of autonomous underwater sensor flying nodes…

Modern Facies Analysis Brings Greater Accuracy to Reservoir Models

Oct 16, 2018

New facies-first technique provides greater geo-model accuracy to optimize reservoir appraisal and assessment.Deriving facies models from the outcomes of seismic inversions, and their derivatives, has become standard practice in reservoir characterization workflows…

EMGS Appoints Interim CEO

Oct 16, 2018

Norway-based Electromagnetic Geoservices (EMGS) has announced that Christiaan Vermeijden had decided to resign from his position as CEO due to personal reasons.According to a stock exchange notification published by the company, Bjørn Petter Lindhom has been appointed as interim CEO of the Company…

SeaBird, MCG Get More Work

Oct 14, 2018

Seismic players SeaBird Exploration and its partner Norway's MultiClient Geophysical (MCG) announce that significant additional pre funding commitment from an oil major has been secured relating to the ongoing MC2D project in North West Europe…

Schlumberger, TGS Bags New US Seismic Project

Oct 14, 2018

Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) and oilfield services providers Schlumberger have announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico.The project, named Amendment, will comprise acquisition of a 2…

Shearwater GeoServices Bags Two Contracts

Oct 11, 2018

Shearwater GeoServices (Shearwater) has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog.The marine geophysical services company said that the surveys will be starting in the first half of Q4 2018…

Petrobras Forms JV with Murphy in Gulf of Mexico

Oct 11, 2018

Brazil's state-controlled oil company Petroleo Brasileiro SA is forming a joint venture with Murphy Oil Company to explore oil and gas fields in the Gulf of Mexico, the Brazilian company said on Wednesday in a securities filing.According to the filing…

Pemex to Announce Light Crude Finds in Gulf of Mexico

Oct 09, 2018

Mexican state oil firm Pemex will on Tuesday announce findings of light crude in seven fields in the Gulf of Mexico, two people familiar with the matter told Reuters.Carlos Trevino, chief executive officer of Pemex told Mexican radio late on…

UK Hydrographic Office to Maximize Geospatial Data

Oct 08, 2018

Government invests $6.55 million to help the UK Hydrographic Office and partner bodies on Geospatial Commission maximize the value of location-based information.Location-based information or geospatial data, is an increasingly valuable tool for businesses and public-sector organisations…

Seismic From Below

Oct 08, 2018

Seabed Geosolutions’ Ocean Bottom Seismic & Manta OBNThe acquisition of seismic data using nodes placed on the sea floor, Ocean Bottom Seismic (OBS) and its use in deep water with Ocean Bottom Nodes (OBN) have been growing rapidly in recent…

Norway to Spend More Looking for O&G Near Russian Border

Oct 08, 2018

Norway plans to step up spending on looking for oil and gas in the northern Barents Sea close to its border with Russia, the country's 2019 budget showed on Monday.The government has proposed to allocate an extra 50 million Norwegian crowns ($6…

SAExploration Wins USD 100mln Project in South Asia

Oct 05, 2018

Houston-based oilfield services company  and seismic data specialist SAExploration announced receipt of a letter of award for a new marine project in South Asia for a major National Oil Company valued at approximately $100 million.The project…

Gazprom, OMV Sign a Memorandum on Strategic Cooperation

Oct 05, 2018

The Russian gas giant of Gazprom and the Austrian OMV company signed a Memorandum on Strategic Cooperation.The document, signed by Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV…

Mexico Must Boost Oil Exploration to Halt Output Fall -Pemex

Oct 01, 2018

Mexico will need to double to about $4 billion its annual oil exploration investment to reverse a 14-year decline in output, a move that will require more funding by Pemex and private producers, a top official with the state-run firm said Friday…

Furgo Taps Heine as New CEO

Sep 28, 2018

Dutch offshore services company Fugro NV has appointed longtime employee Mark Heine as its next CEO and Chairman of the Board of Management. He succeeds Øystein Løseth, who has decided to resign after only several months in the role.Heine, who…

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