Geocsience firm TGS is to cut staffing by a further 130, or 16%, after continuing to review its cost base amid the ongoing weak market conditions. Image from TGS. The firm says…
The Capreolus 3D multi-client project, the largest single 3D seismic survey ever acquired offshore Australia was recently completed by Polarcus ahead of schedule after a successful 11 month acquisition campaign. This basin-wide broadband…
TGS completed the fifth consecutive acquisition season offshore Newfoundland Labrador in partnership with PGS. The successful 2015 season was the biggest yet with the acquisition of over 27,000km of 2D multi-client seismic data and two multi-client 3D surveys…
GeoPartners, in partnership with MAGE, Seabird Exploration and DownUnder GeoSolutions (DUG), has announced the completion of the acquisition of a new Ireland/UK multi-client 2D seismic survey. This is the first broadband long offset cross border survey of its kind…
Schlumberger and Ikon Science has announced an agreement to further develop the existing quantitative seismic interpretation capability in the Petrel exploration and production software platform. The collaboration will make high-value seismic…
A letter of award has been announced and signed by Electromagnetic Geoservices (EMGS), worth approximately US$15.3 million, with a repeat customer in India. The survey, which is located off the eastern coast of India, is expected to start in early January 2016 by the vessel BOA Thalassa…
French geoscience firm CGG is to cut 950 jobs, or 13% of its staff, and reduce its vessel fleet amid the ongoing, prolonged oil price drop. CGG has already been implementing a fleet reduction program, since announcing its “Transformation Plan” at the end of 2013…
Image: PNG seismic/ Searcher Seismic Searcher Seismic has announced the Haere 2D Seismic Survey offshore Papua New Guinea (PNG). The survey, in cooperation with the Department of Petroleum and Energy (DPE) and project partner BGP…
A UK Government funded project to acquire new seismic data over underexplored areas of the North Sea in a bid to boost exploration in the basin has completed. The £20 million program saw WesternGeco acquire 20,000km of new 2D seismic shot over 200…
CGG announced that it has been appointed as technical consultant by the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons to help with the promotion of its 11th Licensing Round focusing on five highly prospective deepwater blocks…
The geoscience segment of the offshore oil and gas industry was first to be hit, when oil prices took a nose dive from 2H last year. Results from two of the main geoscience players this morning confirm a broad industry outlook that the pain is set to continue well into 2016…
CGG received all necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas basin in the Equatorial Margin of northern Brazil in early November. Oceanic Vega…
Landmark, a Halliburton business line and provider of software for the upstream oil and gas industry, and French geoscience firm CGG, today announced a geosciences technology collaboration. The collaboration will allow shared customers…
CGG GeoSoftware has announced new releases to its application suites: Jason 9.0, Hampson-Russell 10.0 and Insight Earth 3.0. Jason 9.0 has a new anisotropic inversion tool for analyzing anisotropy for effective well design and optimum production…
Image: Geoff Dorn/CGG Geoff Dorn, senior advisor, seismic interpretation technology, and product development manager, Insight Earth, CGG GeoSoftware, has been distinguished with the Society…
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