Geoscience News


Spectrum completes Somalia, Indian Ocean, 2D shoot

May 05, 2016

Spectrum has completed a 2D seismic program offshore south Somalia following the acquisition of 20,582.75 line km of data. The new acquisition complements 20,000km of existing seismic that was acquired in 2014 and the two datasets will…

Funding awarded for Rockall exploration

May 03, 2016

The University of Aberdeen is to get a £250,000 grant from the Oil and Gas Authority (OGA) to investigate the potential for hydrocarbon exploration in the Rockall area of the North Atlantic. The funding is part of a package of measures…

Let’s get deep

May 01, 2016

Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…

Fugro to cut 600 jobs, stack and retire vessels

Apr 29, 2016

Fugro will further reduce its workforce by an additional 600 jobs this year, as the company reported a 23% decline in revenue in Q1, and announced plans to stack and retire vessels. Image from Fugro…

Bell Geospace expands Houston team

Apr 26, 2016

Bell Geospace’s Houston team is being expanded in response to increased activity in their specialist services.  As well as a number of in-house support staff, Richard Alan Morgan has joined the company as senior geoscientist. Morgan has…

Fugro awarded CHS supply arrangement

Apr 25, 2016

Fugro has been awarded a supply arrangement by the Canadian Hydrographic Service (CHS) to provide vessel based hydrographic survey services. Under the contract CHS will procure hydrographic surveys as needed, anywhere in Canada, to enhance…

CGG releases VelPro

Apr 25, 2016

CGG GeoSoftware has released VelPro, a velocity modeling and depth conversion software used to integrate seismic and well velocity information, horizons, faults and well tops into data-driven velocity models. VelPro models complement…

CGG GeoSoftware updates VelPro

Apr 22, 2016

CGG GeoSoftware has released VelPro 9.5, a velocity modeling and depth conversion commercial software technology used by interpreters and velocity modeling experts to integrate seismic and well velocity information, horizons, faults, and well tops into velocity models…

Porcupine results "change game" offshore Ireland

Apr 22, 2016

Significant hydrocarbon potential has been outlined in the south Porcupine offshore Ireland, according to initial results of a collaboration project between operator Providence Resources and oilfield services firm Schlumberger. Two firms…

PGS, TGS survey available for Canadian bid round

Apr 20, 2016

PGS, in partnership with TGS, will offer support for the two calls for bid in the Eastern Newfoundland and Jeanne d’Arc regions issued on 7 April 2016. The partnership offers for license MC2D GeoStreamer data, and the 4550sq km MC3D-NL02-EN Orphan Basin GeoStreamer survey…

OGA tenders for latest seismic program

Apr 20, 2016

The UK Oil and Gas Authority (OGA) has invited seismic companies to tender for its 2016-2017 UK Government funded seismic acquisition and processing program. The contract will cover survey work over South West Britain, including the Celtic Sea…

PGS in Danish 7th round seismic coverage

Apr 18, 2016

PGS’s latest GeoStreamer survey is providing high resolution coverage of North Sea plays relevant for the seventh Danish Licensing Round. Initial data volumes will be available in May and August 2016. The Danish part of the North Sea…

MEO's Beehive seismic seeing positive results

Apr 14, 2016

MEO Australia is achieving positive results from the seismic reprocessing and inversion study currently underway over the Beehive prospect in WA- 488-P, off the north coast of Western Australia.  MEO said that Beehive is a potential giant…

EMGS cuts further 15% from headcount

Apr 14, 2016

Norwegian geoscience firm Electromagnetic Geoservices (EMGS) has announced plans to cut its headcount by a further 15%, following a 20% reduction in workforce made last year. Actual staffing numbers were not given. EMGS said the changes…

EMGS PGS agree to not disagree

Apr 13, 2016

Norwegian geoscience firms Petroleum Geo-Services (PGS) and Electromagnetic Geoservices (EMGS) have reached a settlement agreement over patent disputes.  Instead of not allowing each other to use each other's technologies, the firms have…

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