French-based geophysical services company CGG announced Tuesday that its contract with Austrian integrated oil and gas company OMV to operate a dedicated center at its head office in Vienna has been renewed for a further three years.The two…
U.S. major ExxonMobil has made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels, reinforcing potential for at least five floating storage…
Brazil's state-controlled Petroleo Brasileiro SA (Petrobras) said on Monday it had sealed a joint venture with Murphy Exploration & Production Company to explore oil and gas fields in the Gulf of Mexico, according to a securities filing.Petrobras received $795 million for the deal…
ASL Environmental Sciences said that Dr. David Holland of New York University, in collaboraon with Dr. Natalya Gomez at McGill University, is leading an invesgaon of sea level variaons in the Disko Bay region of western Greenland.According to…
Marine geophysical company Polarcus announced Wednesday that it has been awarded a contract to perform a high-resolution 3D marine seismic acquisition project in North America.The project duration is approximately 45 days and is expected to commence in the second quarter of 2019.
Oil and gas companies plan to drill 40-50 exploration wells on the Norwegian continental shelf in 2019, similar to levels seen in 2018, the head of exploration activities at the country's Petroleum Directorate told a conference on Tuesday.Norway…
Norwegian nodal acquisition company Magseis ASA announced Monday it has signed a Memorandum of Understanding (MoU) with Schlumberger's geophysical services product line WesternGeco to offer joint bundled seismic services including ocean-bottom…
Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the eastern Mediterranean, saying such activities could damage regional stability.The eastern Mediterranean is believed to be rich in natural gas…
Norway-based provider of marine geophysical services Shearwater GeoServices Holding announced the completion of the acquisition of the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger…
Norwegian seismic services provider Petroleum Geo-Services (PGS) has offered to sell the Ramform Sterling vessel to the Japan Oil, Gas and Metals National Corporation (JOGMEC).The seismic services that help oil companies to find oil and gas…
Norwegian seismic firm PGS revealed it has entered into a contract for a 3D survey in South America.PGS did not reveal the name of the client, but said the contract value is estimated to be in excess of $75 million.The company plans to use two…
MacArtney Singapore delivered a TRIAXUS ROTV with customized sensor payload to the Chinese Academy of Science for oceanographic research projects in the South China Sea.The Chinese Academy of Science, via MacArtney agent Geo Marine Technology Ltd…
Norway's Eidesvik Offshore said that a company in the group has entered into an agreement with a CGG subsidiary for a new contract for the source vessel Veritas Viking.The contract is 5 months firm with further options and will commence ultimo November 2018…
A developer of real-time 3D sonar technology and real-time subsea intelligence has launched a new product that uses artificial intelligence (AI) to automatically detect and recognize distinct underwater objects.Coda Octopus announced Tuesday…
Norwegian seismic surveyor SeaBird Exploration said it had taken delivery of the Geowave Voyager from France's CGG, and the vessel has been renamed Eagle Explorer.The vessel was acquired fully rigged with 40km streamer and dual source, for $17 million and a NOK 120 million private placement…
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