Statoil is giving up on exploring the Reinga basin offshore New Zealand, following its three-year study of the area, which has shown low probability of a discovery. Map of New Zealand, from Statoil…
French geoscience firm CGG has been awarded an extensive multi-client program by the Instituto Nacional de Petroleo (INP) to acquire seismic data offshore Mozambique. The multi-survey program is designed to improve industry insight into…
Norwegian outfits GC Rieber Shipping and Rasmussengruppen have joined forces to set up a new 50/50 owned marine geophysical company, to be called Shearwater GeoServices. Shearwater will be an integrated provider of marine geophysical…
Searcher Seismic started the acquisition of the 11,000km Hahonua 2D Seismic Survey offshore Papua New Guinea. This new acquisition, in partnership with BGP, increases Searcher's total seismic data library in the region to over 70,000km…
Norwegian geoscience firm Electromagnetic Geoservices (EMGS) says it is to reduce its 'employee expenses' by about 20%, through temporary and permanent layoffs on shore and offshore and other measures, due to a reduced level of activity. Q2 'employee expenses' were US$5…
Karoon Gas Australia has been awarded a three-year commitment to explore the Great Australian Bight (GAB), in which the company will focus on acquiring seismic surveys, offshore South Australia. Map of GAB…
Seabed Geosolutions, a joint venture between Fugro and CGG, secured a new extension to its ongoing shallow water operations in the UAE for Abu Dhabi National Oil Co.’s (ADNOC) Phase-II of the Ghasha Field project. This new survey is due to…
Oil India Ltd. (OIL) and the University of Houston (UH) have entered into an agreement to collaborate on technologies required to maximize recovery from aging oilfields in India. The duo will cooperate in the fields of improved oil recovery and enhanced oil recovery…
Searcher Seismic has completed acquisition of the Buscador Near-Shore 2D Seismic Survey, offshore Mexico. The Buscador Near-Shore 2D Seismic Survey was acquired by Searcher’s project partner, BGP and comprises 11,200km of long-offset…
CGG has started a large broadband 3D multi-client survey in the pre-salt area of the deep water Santos Basin, offshore Brazil. Santos VII (Saturno) is the third phase in CGG’s most ambitious pre-salt project to date, collectively known as the Santos Basin Trilogy…
TGS has completed the acquisition of its 186,000km Gigante seismic survey offshore Mexico. The acquisition of this survey began in June 2015 with five seismic vessels contracted to acquire a dense, modern, long offset regional 2D seismic grid…
Norwegian geoscience firm Spectrum has entered into an agreement with the administrator of the Dolphin estate to acquire the multi client 2D survey in Brazil Santos Campos and the 3D survey in Lebanon. The Norwegian entities of Dolphin…
Schlumberger released the GeoTesting geology-based well test design and interpretation services at the 2016 SPE Annual Technical Conference and Exhibition. GeoTesting services, built in the Petrel exploration and production software platform…
Hyperdynamics Corp. received an updated exploration risk assessment of its top two drilling prospects offshore Guinea, that materially increases the probability of exploration success for both. The improved risk assessment follows the…
Woodside Energy and its partner Petrel Resources successfully completed the Bréanann 3D seismic acquisition program that covered over some 2392sq km of the northern Porcupine Basin, 150km west off the Kerry coast, south-western Ireland. The…