TGS has been given the green light by Mexico's Comisión Nacional de Hidrocarburos (CNH) to start acquiring multibeam, coring and geochemical analysis data over about 600,000sq km in Mexican waters. This project will cover the entire deepwater area of the offshore sector of Mexico…
The development of cognitive interpretation has taken another step with the release of GeoTeric 2015.3. With the advancement of broadband seismic, there is a growing need for high resolution analysis techniques that are compatible with the complex waveforms of broadband data…
The Society for Underwater Technology (SUT) will host two deepwater technical sessions at Offshore Europe, providing a platform for organizations to demonstrate innovations that are pushing boundaries at new depths. The first session…
Sonardyne, a specialists in subsea navigation and positioning technology, has opened its first permanent office in France to expand its presence in the region. The announcement follows the opening of a second Sonardyne office in Brazil earlier this year…
Quadrant Energy Australia’s Levitt-1 exploration offshore Western Australia will be plugged and abandoned after no hydrocarbon shows were found. Map of Levitt-1. From Karoon. Levitt-1…
GeoPartners, in partnership with MAGE, Seabird Exploration and DownUnder GeoSolutions, have acquired a new regional multiclient 2D (MC2D) seismic survey entitled North Celtic Sea 2015. This Ireland/UK cross-border project is located mostly in the Irish North Celtic Sea and St…
MultiClient Geophysical (MCG) has entered into an agreement with Polaris E&E Services to acquire their Post Stack Reprocessed Atlantic Margin seismic 2D data. MCG will pay Polaris for this transaction through revenue share of futures sales…
Schlumberger has expanded its Gulf of Mexico multiclient wide-azimuth seismic data portfolio by launching a new survey in the Campeche Basin. The acquisition of the industry’s first multiclient wide-azimuth survey offshore Mexico will cover 80…
In 2H 2015, Fugro’s revenue increased by 4.3%, however, the Netherlands-based company will cut an additional 200 jobs from its workforce by the end of the year. Image from Fugro. Total revenue for 2H 2015 came in at about US$1…
UAE-headquartered Horizon Geosciences has added a new vessel to its fleet for work in the North Sea and West Africa. A multi-disciplinary IMCA and OVID approved DP1 survey vessel with a proven track record in the North Sea and Arctic…
Electromagnetic Geoservices (EMGS) has received a letter of award (LOA) for a contract worth approximately US$4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia. The two parties have entered into a two-year contract…
ION Geophysical Corp. announced the availability of fast-track pre-stack time migrated (PSTM) data from the first phase of its MexicoSPAN program. Currently being acquired, phase one encompasses more than 22,000km of deep-imaged two-dimensional (2D) seismic data…
SeaBird Exploration has become the latest seismic vessel operator to stack one of its fleet. The Oslo stock market listed firm says it has stacked the Munin Explorer following its completion of the long-term time charter contract with SeaBed Geosolutions in August 2015…
A 'back-to-fundamentals' strategy is helping seismic firm Polarcus weather the storm, CEO Rod Starr said this morning. The firm's revenues are down 33% in 2Q, compared to the same period last year, at US$91.7 million, but the firm has…
Fugro has been awarded a contract by BG International Ltd. Sucursal Honduras to conduct an integrated multibeam echosounder (MBES) survey and seabed coring campaign over its offshore acreage (block) in the Honduran Caribbean. As part of BG’s exploration license commitments…