Houston-based ION Geophysical Corp. has agreed to acquire 100% ownership of ocean bottom seismic acquisition company OceanGeo BV. In February 2013, ION acquired 30% of OceanGeo, then increased its ownership to 70% in January 2014…
OceanGeo BV completed an ocean-bottom cable seismic survey in the Gulf of Paria off Trinidad for the state-owned Petroleum Co. of Trinidad and Tobago Ltd. (Petrotrin). The work began 2 Jan 2014 and the wide-azimuth acquisition work was completed on 30 May 2014…
An OptaSense instrument well with a vibroseis unit conducting OptaSense DAS-VSP. Photos from OptaSense. OptaSense is collaborating with Shell to develop a fully-marinizied DAS system. OptaSense's David Hill explains…
Shares in Norwegian geophysical firm Magseis started trading on the Oslo Axess stock exchange on Friday. Magseis was founded in 2009, and has developed a proprietary Ocean Bottom Seismic (OBS) technology. The company has one purpose-built vessel in operation…
Mitra Energy Ltd. entered into a farm-out agreement with AziPac for the partial assignment of Mitra's participating interest in the Bone PSC offshore Indonesia, the company announced on 9 June 2014. Under the terms of the agreement, Mitra…
Polarcus, in collaboration with Russia's Dalmorneftegeophysica, has mobilized for the 3000sq km high-density broadband Fedynsky 3D survey in the Russian Barents Sea. Polarcus Nadia departed Kirkenes, Norway, on 7 June for the project area…
Electromagnetic Geoservices ASA (EMGS) received a contract worth US$1.7 million for 3D EM data acquisition in the Barents Sea. The client was not named. The survey will be completed in June using the vessel BOA Thalassa. EMGS announced…
UK-based, Somalia-focused exploration firm Soma Oil & Gas Exploration has completed an offshore seismic acquisition program, which commenced in February 2014. The acquisition program was carried out by SeaBird Exploration and concluded in June 2014…
The Isle of Man's Department of Economic Development is seeking expressions of interest to undertake 3D seismic studies in the Isle of Man’s territorial sea, in the East Irish Sea, ahead of a hydrocarbon exploration licensing round. The…
Work will continue this summer and autumn on installing a permanement seismic monitoring system on the Snorre field in the Norwegian sector of the North Sea. A dedicated system, with a seismic streamer, will also be installed on Grane…
Polarcus has opened its first office in Norway. The new office is in the center of Stavanger, and adds to the firm's global network of regional marketing offices in London, Houston, Singapore, Moscow, and Rio de Janeiro. The firm says…
Spectrum has commenced a 10,000 km multi-client 2D seismic survey offshore Brazil in the Sergipe and Alagoas basins along the Eastern Margin of Brazil. The new acquisition program will tie key wells in the basins, including the recent Barra…
UK-based Sterling Resources completed 800sq km of new 3D seismic in the Romanian Black Sea. The company's 1Q result, issued yesterday, discusses three major milestones in derisking its Romanian assets: - In early February, Sterling…
Australia's ADX Energy has won 100% stake in an exploration permit offshore Italy, which it will operate through its wholly owned Italian subsidiary. The offshore exploration permit d 363 C.R-.AX was awarded by the Italian Ministry of…
MultiClient Geophysical (MCG) has announced an extension of the multi-client 2D (MC2D) Barents Super-Tie towards the east into the newly opened Barents South East (former Disputes Zone between Norway and Russia). The new lines will tie…