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 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…
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…
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…
Polarcus has received a letter of intent from an undisclosed client for a 3D marine seismic contract in Indonesia using the Polarcus' XArray (TM) technique for enhanced productivity and data quality. Cameron Astill, Senior Vice President Asia Pacific…
Searcher Seismic will begin the South Campeche Ultracube 3D seismic reprocessing project offshore Mexico that will merge three existing surveys. Map of the Ultracube project, from Searcher. In total…
Petronas, through Malaysia Petroleum Management (MPM), has decided to open an area of Malaysian offshore waters to the multi-client model for the first time, according to PGS. A consortium comprising of PGS, TGS and Schlumberger WesternGeco…
A consortium comprising of three major seismic data companies have won a tender for rights to carry out a seismic program offshore Malaysia. The program, to be run by PGS, TGS and Schlumberger WesternGeco, will be the first time the waters…
The third of geoscience firm PGS' four Ramform new-build Titan-class seismic acquisition vessels, the Ramform Tethys, has been named at the Mitsubishi Heavy Industries Shipbuilding Co. yard in Nagasaki, Japan. PGS' two first Ramform Titan-class vessels…
ION Geophysical Corp. today announced that it has acquired Global Dynamics Inc. (GDI), an Ontario-based company that designs and develops marine towing systems and equipment, including its proprietary SailWing technology. ION plans to…
Polarcus is pleased to announce the start of production in the first of a series of three 3D seismic projects offshore Brazil. The project is being acquired using the Polarcus A-Class 3D seismic vessel Polarcus Alima. The first project…
The UK's new regulator, the Oil and Gas Authority (OGA), has launched a competition linked to future exploration licensing rounds in order to stimulate further offshore oil and gas exploration activity in the United Kingdom Continental Shelf (UKCS)…
With a weak start of the year for CGG, the French seismic company will reduce its fleet by another three vessels by the end of Q1, as its revenue dropped 32% from 2014. The Oceanic Vega. Image from CGG…
Japanese exploration outfit Japan Oil, Gas and Metals National Corp. (JOGMEC) has been given more time to explore offshore the Seychelles, in the Indian Ocean offshore east Africa. The firm has signed an extension to its joint survey…
Statoil has outlined its six Licensing Options offered in Ireland’s 2015 Atlantic Margin Licensing Round. Statoil is set to be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil. The…