38 high-impact exploration wells were drilled in the first half of 2022, similar to the same period in 2021 when 39 wells completed, says industry analysts Westwood Global Energy Group. The 38 wells resulted in 13 potentially commercial discoveries at a 34% commercial success rate…
CGG on Tuesday announced a multi-year global data transformation and curation agreement with supermajor bp, that will play a key role in supporting bp’s Subsurface digital strategy.Ariel Flores, SVP Subsurface, bp, said, “In our ambition to…
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) on Monday announced it secured $2 million in prefunding for a multi-client survey offshore Newfoundland and Labrador.The acquisition is expected to take place in late third quarter 2022…
Magseis Fairfield said on Monday it has been awarded an OBN project in the Gulf of MexicoThe Norwegian company last month revealed it had been awarded the conditional contract, and today confirmed the deal has been executed.The project is scheduled…
Norwegian marine seismic survey contractor PGS said Thursday it had won a significant 3D exploration acquisition contract offshore Indonesia with a major energy company. Also, PGS said it had secured a major 4D acquisition contract offshore Australia with an international energy company…
Africa-focused oil and gas company Chariot on Wednesday announced a 'material increase' in gas resource estimates for its assets offshore Morocco, as it works to reach a final investment decision for the Anchois gas field development.The company…
Norwegian company Green Energy Group has agreed to sell its Petrel Explorer seismic survey vessel.The company, which last year rebranded to Green Energy Group from Seabird Exploration to reflect a strategic shift in business towards green energy transition…
Norwegian offshore vessel operator Eidesvik Offshore has won a contract with an undisclosed client for the Subsea Viking multi-purpose support vessel.The new contract for the 1999-built vessel will start in the third quarter of 2022 in direct continuation of the current contract…
Marine data acquisition services company TDI-Brooks announced it has named Rich Hendren Ph.D. to its executive leadership team as Vice President of Operations Integrity and Quality DevelopmentHendren retired from the U.S. Navy after over 30 years of service in submarines…
Seismic data companies TGS and CGG said this week they were successful in their respective bids in the auction process conducted in relation to their rival's ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United…
Marine seismic data acquisition firm Shearwater GeoServices has won a contract with Woodside in Australia for a 4D baseline survey work over gas fields in the Carnarvon Basin Australia. The survey is expected to take 2-3 months to acquire, and will be conducted by the Geo Coral vessel…
French seismic data processing company CGG said Tuesday it had won a contract with BP and its JV Partner Pharaonic Petroleum Co for the 3D seismic imaging of the first OBN survey ever conducted in the Nile delta covering the Atoll and Atoll North fields…
Norwegian company TGS has acquired Prediktor AS, a provider of asset management and real-time data management solutions to renewable and energy asset owners.'Established in 1995, the company has carried out thousands of installations on mission…
French oil and gas seismic data firm CGG said Thursday it had secured a four-year contract extension for its dedicated reservoir services center for Petrobras in Rio de Janeiro, Brazil.'[CGG's] in-house team of reservoir characterization specialists…
Norwegian seismic data acquisition and processing company TGS is set to acquire all shares of the Norwegian ocean bottom node survey specialist Magseis Fairfield.TGS will put forward a voluntary exchange offer to acquire all shares of Magseis…
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