Geoscience News

 

Benthic Begins Survey for Equinor in Brazil

Feb 12, 2019

Global geosciences company Benthic has begun operations for Equinor on a four-month geotechnical campaign in the BM-C-33 and BM-S-8 blocks located off the coast of Brazil.Mobilization of PROD3 (Portable Remotely Operated Drill) onto the MV Sable…

SMC, Total in New Framework Deal

Feb 12, 2019

UK-based provider of consultancy, health & safety advisory, workforce solutions and software services Specialist Marine Consultants (SMC) has won a framework agreement from Total to provide geophysical acquisition supervision.SMC said that the…

Dana Gas to Drill off Egypt in April/May

Feb 12, 2019

Dana Gas will begin drilling this year in an area it says could become Egypt's next giant Mediterranean gas field, after seismic data pointed to reserves as large as 20 trillion cubic feet.That data will be put to the test beginning in April or May…

Hunting Hydrocarbons

Feb 11, 2019

A new tool is being added to the box for hydrocarbon hunting – and a raft of other anthropomorphic and chemical signatures in the world’s seas and oceans. Offshore Engineer reports on developing unmanned wide area remote ocean sensing systems for seep…

CGG and TGS Partner for Greater Castberg Survey

Feb 11, 2019

CGG and TGS announced Monday they will conduct a 5,000 sq km survey of the Greater Castberg area in the Barents Sea.The project is supported by industry funding, and the survey will include the highly prospective Castberg area and cover existing…

Seabed Acquisition Seeing Healthier Spend

Feb 08, 2019

The seismic market is rebounding in fits and starts from its low point a year ago, and seabed acquisition is seeing a healthier spend than towed streamer acquisition, according to ION.“The seabed acquisition business was growing well before the downturn…

TGS Offers Higher-than-expected Dividend

Feb 07, 2019

TGS, a provider of seismic data for the oil industry, proposed on Thursday a higher-than-expected dividend despite lower-than-expected profits in the fourth quarter and said demand from oil companies would continue picking up this year.Seismic…

Shearwater GeoServices Bags Four Contracts

Feb 06, 2019

The Norwegian seismic JV between GC Rieber and Rasmussengruppen GeoServices has won four Ocean Bottom Seismic (OBS) contracts by Aker BP and Equinor in Norway.Marine seismic specialist said in a press release that the contracts will fill backlog…

Teledyne Gavia Unveils 6000m Rated AUV

Feb 05, 2019

Teledyne Gavia announced Tueasday that it will formally introduce its new 6,000 meter rated autonomous underwater vehicle (AUV) in April.The newly designed SeaRaptor AUV is slated to make its official debut at the Ocean Business trade exhibition in the U…

Seismic Uptick Suggests New Wave of Recovery

Feb 05, 2019

Amid mixed reports on the health of the offshore supply chain, the underreported seismic services segment — a bellwether of eventual market growth or decline — is showing signs that another wave of market recovery is just a year away.Oslo-based…

Pandion Energy Partners with Computas, Google

Feb 04, 2019

Pandion Energy announced it has begun to digitalize its subsurface capabilities through the application of new digital solutions to geological and geophysical data.The objective, Pandion Energy said, is to drive innovation and enhance efficiency…

Project Azul Phase II Ready to Launch

Jan 30, 2019

The massive Libra pre-salt area, which was originally believed to contain at least volumes of between 8 billion and 12 billion boe, started production at the end of 2017. Located within the Santos Basin, over 200 kilometers off the coast of Rio de Janeiro…

Asia Pacific: 2019 Will Be ‘Relatively Low-key’

Jan 30, 2019

The Asia-Pacific offshore oil and gas industry has begun to emerge from the recent global downturn, but remains among the regions where the road to recovery has been particularly slow.“Australia has seen positive news on new liquefied natural…

Total Plans Biggest Exploration Drive in Years

Jan 29, 2019

Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company's focus on risky long-shots in favor of areas known to contain commercial levels of oil or gas.The French major aims to drill 23 wells this year…

BP Invests in New AI Technology

Jan 28, 2019

BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major announced Monday that its technology investment arm BP Ventures…

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