Geoscience News


PGS to start Nordland Ridge survey

Feb 19, 2016

PGS is to start a 8200sq km survey of the Nordland Ridge area of the Norwegian Sea, starting May and to be completed during 2016. The survey is a prefunded GeoStreamer project and extends the existing PGS library coverage of the Halten Terrace to provide a regional dataset of over 29…

Statoil adds to New Zealand portfolio

Feb 17, 2016

Statoil has reached a deal with Austria's OMV to acquire a 30% interest in an exploration permit offshore New Zealand, increasing the Norwegian oil major's interests in the region. Petroleum Exploration Permit (PEP) 57073 covers 9800sq km in the East Coast Basin…

Red Sea to get ocean bottom seismic treatment

Feb 10, 2016

Norway-based seismic firm Magseis has, together with its partner BGP, has been awarded Saudi Aramco’s S78 project for large-scale ocean bottom seismic acquisition in the Red Sea. The project is expected to last nine months plus one year…

University takes on rock mechanics equipment

Feb 05, 2016

The University of Aberdeen has taken delivery of rock mechanics equipment that could play a major role in maximizing oil and gas recovery in the North Sea and West of Shetland area.  The high-pressure, high-temperature rock deformation apparatus…

CGG extends Colombia seismic acquisition

Feb 03, 2016

CGG has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015. The new survey follows on from the original over 16,000sq km survey CGG conducted over portions of the Col-1 and Col-2 blocks…

TGS' Gigante at halfway mark

Jan 28, 2016

TGS has acquired 93,000km (50%) of the 186,000km 2D seismic project, Gigante, which covers the entire offshore sector of Mexico and ties into TGS' regional 2D seismic grid covering the entire US Gulf of Mexico.  Interpretation of preliminary…

AziNam completes Namibia survey

Jan 26, 2016

AziNam, the offshore Namibia focused exploration company, has announced that it has completed a 3D seismic survey on PEL 34, the Guy Block, offshore Namibia. The survey is located in the Walvis basin and was conducted by PGS Geophysical…

South Africa comes under seismic spotlight

Jan 22, 2016

CGG is to start a multi-client airborne gravity and magnetic survey offshore South Africa this month ahead of a new licensing round expected in the region later this year. The Petroleum Agency of South Africa (PASA) has authorized the program…

PGS completes Brazil Fortaleza 3D

Jan 21, 2016

PGS has completed the acquisition of the 7300sq km CearáBasin “Fortaleza” MultiClient 3D survey on the Equatorial Margin of Brazil. The survey has significant industry pre-funding and marks the first use of a Ramform Titan-class vessel, the Ramform Atlas…

Battle of the seismic titans offshore Myanmar

Jan 21, 2016

It's what just a few years ago was seen as possibly one of the most unlikely places for a battle over who could tow the largest seismic spread. However, just that is underway offshore Myanmar, or Burma, which has come under exploration…

FEI launches PerGeos software

Jan 19, 2016

FEI released PerGeos, a product that the company says is the industry’s first comprehensive digital rock software that helps geoscientists rapidly interpret and model digital rock imagery so that exploration & production (E&P) engineers can obtain meaningful…

Searcher starts second Barents seismic campaign

Jan 19, 2016

Searcher Seismic has started Phase 2 of the Silver-Eye Broadband 3D survey in the Barents Sea, offshore Norway. Following the successful acquisition of Phase 1; comprising 2663 sq km, Searcher is now acquiring additional broadband 3D data in the area…

3D offshore Namibia shoot starts

Jan 18, 2016

Atlantic margin focused explorer Chariot Oil & Gas has started a 3D seismic acquisition survey of approximately 2600sq km in Blocks 2312 & 2412A (the “Central Blocks”) offshore Namibia. The survey is being conducted by PGS Exploration…

CGG in US$378 million capital increase

Jan 13, 2016

CGG launched a US$378.8 million (€350 million) rights offering to existing shareholders to fund its “transformational plan” to convert CGG from a seismic acquisition company into an integrated geosciences group. The CGG Oceanic Vega…

Fugro in vessel sale-leaseback deal

Jan 12, 2016

Fugro entered into a sale and leaseback agreement with Icon Investments for two of its geotechnical vessels, the Fugro Scout and the Fugro Voyager. The Fugro Scout. Image courtesy of Fugro. The…

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