A new tool is being added to the box for hydrocarbon hunting – and a raft of other anthropomorphic and chemical signatures in the world’s seas and oceans. Offshore Engineer reports on developing unmanned wide area remote ocean sensing systems for seep…
CGG and TGS announced Monday they will conduct a 5,000 sq km survey of the Greater Castberg area in the Barents Sea.The project is supported by industry funding, and the survey will include the highly prospective Castberg area and cover existing…
The seismic market is rebounding in fits and starts from its low point a year ago, and seabed acquisition is seeing a healthier spend than towed streamer acquisition, according to ION.“The seabed acquisition business was growing well before the downturn…
TGS, a provider of seismic data for the oil industry, proposed on Thursday a higher-than-expected dividend despite lower-than-expected profits in the fourth quarter and said demand from oil companies would continue picking up this year.Seismic…
The Norwegian seismic JV between GC Rieber and Rasmussengruppen GeoServices has won four Ocean Bottom Seismic (OBS) contracts by Aker BP and Equinor in Norway.Marine seismic specialist said in a press release that the contracts will fill backlog…
Teledyne Gavia announced Tueasday that it will formally introduce its new 6,000 meter rated autonomous underwater vehicle (AUV) in April.The newly designed SeaRaptor AUV is slated to make its official debut at the Ocean Business trade exhibition in the U…
Amid mixed reports on the health of the offshore supply chain, the underreported seismic services segment — a bellwether of eventual market growth or decline — is showing signs that another wave of market recovery is just a year away.Oslo-based…
Pandion Energy announced it has begun to digitalize its subsurface capabilities through the application of new digital solutions to geological and geophysical data.The objective, Pandion Energy said, is to drive innovation and enhance efficiency…
The massive Libra pre-salt area, which was originally believed to contain at least volumes of between 8 billion and 12 billion boe, started production at the end of 2017. Located within the Santos Basin, over 200 kilometers off the coast of Rio de Janeiro…
The Asia-Pacific offshore oil and gas industry has begun to emerge from the recent global downturn, but remains among the regions where the road to recovery has been particularly slow.“Australia has seen positive news on new liquefied natural…
Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company's focus on risky long-shots in favor of areas known to contain commercial levels of oil or gas.The French major aims to drill 23 wells this year…
BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major announced Monday that its technology investment arm BP Ventures…
Offshore geophysical company Polarcus said it has been awarded a contract for a 3D marine seismic acquisition project in West Africa.The project will commence in the first quarter of 2019 with an approximate duration of six weeks.
Marine seismic surveyor SeaBird Exploration announced Thursday it has secured extensions for two existing contracts.The contract for the 2D/3D shallow water vessel Voyager Explorer, which is working on an ocean bottom node survey in the Far East…
UAE-based marine geophysical company Polarcus announced Thursday it has been awarded a 3D marine seismic acquisition project offshore Mexico for an unnamed customer.Polarcus said the project duration is approximately 45-days and is scheduled to commence in the second quarter of 2019.
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