Royal Dutch Shell plans to invest $1 billion to $2 billion annually in oil exploration and production in Brazil through 2025, Brazilian newspaper Valor Economico reported on Thursday.The investment will be made regardless of the outcome of presidential election Oct…
Turkey's state-run Anadolu news agency said on Thursday that the navy had stopped a Greek frigate from harassing a Turkish ship in the Mediterranean. It did not give further details.Turkey, Greece and Cyprus's internationally recognized Greek…
The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking GrabenCGG has recently completed seismic depth imaging of its entire Northern Viking Graben multi-client survey, in the Norwegian North Sea…
U.K. based marine technology company Autonomous Robotics Ltd (ARL) will collaborated with Aberdeen’s Robert Gordon University (RGU) to research simultaneous, distributed and scalable localization system for a swarm of autonomous underwater sensor flying nodes…
New facies-first technique provides greater geo-model accuracy to optimize reservoir appraisal and assessment.Deriving facies models from the outcomes of seismic inversions, and their derivatives, has become standard practice in reservoir characterization workflows…
Norway-based Electromagnetic Geoservices (EMGS) has announced that Christiaan Vermeijden had decided to resign from his position as CEO due to personal reasons.According to a stock exchange notification published by the company, Bjørn Petter Lindhom has been appointed as interim CEO of the Company…
Seismic players SeaBird Exploration and its partner Norway's MultiClient Geophysical (MCG) announce that significant additional pre funding commitment from an oil major has been secured relating to the ongoing MC2D project in North West Europe…
Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) and oilfield services providers Schlumberger have announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico.The project, named Amendment, will comprise acquisition of a 2…
Shearwater GeoServices (Shearwater) has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog.The marine geophysical services company said that the surveys will be starting in the first half of Q4 2018…
Brazil's state-controlled oil company Petroleo Brasileiro SA is forming a joint venture with Murphy Oil Company to explore oil and gas fields in the Gulf of Mexico, the Brazilian company said on Wednesday in a securities filing.According to the filing…
Mexican state oil firm Pemex will on Tuesday announce findings of light crude in seven fields in the Gulf of Mexico, two people familiar with the matter told Reuters.Carlos Trevino, chief executive officer of Pemex told Mexican radio late on…
Government invests $6.55 million to help the UK Hydrographic Office and partner bodies on Geospatial Commission maximize the value of location-based information.Location-based information or geospatial data, is an increasingly valuable tool for businesses and public-sector organisations…
Seabed Geosolutions’ Ocean Bottom Seismic & Manta OBNThe acquisition of seismic data using nodes placed on the sea floor, Ocean Bottom Seismic (OBS) and its use in deep water with Ocean Bottom Nodes (OBN) have been growing rapidly in recent…
Norway plans to step up spending on looking for oil and gas in the northern Barents Sea close to its border with Russia, the country's 2019 budget showed on Monday.The government has proposed to allocate an extra 50 million Norwegian crowns ($6…
Houston-based oilfield services company and seismic data specialist SAExploration announced receipt of a letter of award for a new marine project in South Asia for a major National Oil Company valued at approximately $100 million.The project…