Norwegian oil and gas exploration and production seismic data company TGS has announced the deployment of 'a pioneering sparse ocean bottom node (OBN) survey' in the Atlantic Margin off the coast of mid-Norway. TGS said Monday the initial study…
The worsening stand-off in the eastern Mediterranean, frequently described as a gas conflict, has been gaining momentum. It may seem a strange time to be fighting over gas when prices remain in a slump due to weak demand and investors withdrawing…
Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras.Petrobras has hired Benthic to carry out geotechnical…
Norway-based seismic surveyor Shearwater GeoServices has won its first-ever contract in Vietnam.Under the contract signed with operator SK Innovation, Shearwater will be responsible for a towed streamer 3D acquisition over the offshore Block 16-2…
No threats can deter Turkey from seeking natural resources in the eastern Mediterranean, President Tayyip Erdogan said on Wednesday, adding that Ankara expects actors in the region to take steps to de-escalate tensions.Greece and Cyprus are…
Maxlimer, a 12-meter uncrewed surface vessel (USV) owned by SEA-KIT returned to Plymouth, England on Friday after 22 days of remote survey operations on Europe’s continental margin.The project has been dubbed a major achievement for the British…
President Tayyip Erdogan warned Greece on Friday that Turkey will retaliate against any attack on its survey vessel Oruc Reis in the eastern Mediterranean in an escalating row between the NATO allies over gas and oil exploration in the region…
A Greek and a Turkish warship were involved in a mini-collision on Wednesday during a standoff in the eastern Mediterranean, a Greek defense source said, describing it as an 'accident'.Tensions have risen this week after Turkey sent a survey vessel to the region…
Norwegian oil and gas seismic data supplier TGS is disappointed with the decision by rival company PGS to reject its $600 million offer for its multi-client library.TGS had earlier this month offered to acquire PGS' multi-client data for $600 million…
Norwegian offshore seismic surveyor PGS has rejected a $600 million offer to sell its multi-client library to compatriot and rival TGS, deeming it opportunistic, given the dire situation for seismic data companies caused by low oil prices.In an unsolicited…
President Tayyip Erdogan said on Thursday that the only solution to Turkey's dispute with Greece over energy exploration in the eastern Mediterranean was through dialogue and negotiation, and Ankara was not seeking any 'adventures' in the region…
The CrossWind consortium, a Shell-Eneco JV, which recently won a tender to develop the Hollandse Kust (noord) offshore wind farm in the Netherlands, has tapped Fugro for site survey work.As part of the contract, Fugro will deliver a comprehensive…
France will increase its military presence in the eastern Mediterranean, President Emmanuel Macron said on Wednesday, calling on Turkey to halt oil and gas exploration in disputed waters that has heightened tensions with Greece.The French leader…
Turkey dispatched a vessel to conduct a seismic survey in a disputed area in the eastern Mediterranean, a move which Greece said was illegal and is likely to heighten tensions between the two NATO allies.The advisory issued by the Turkish navy…
Seismic surveyor TGS's unsolicited cash offer of $600 million for part of rival PGS sent its shares up as much as 67% in early trading on Friday.TGS said its offer, announced late on Thursday, for PGS's so-called multi-client library would significantly…
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