Emerson said it has launched Roxar RMS 11.1, the latest version of its reservoir modeling software., designed to enhance workflow automation and ease of use. This version provides a range of powerful technologies for building and visualizing high-quality reservoir models…
Fugro and partner Amplified Geochemical Imaging (AGI) are reporting recent success selling multiple licences for data from frontier regions offshore east coast Canada.The data were acquired during two separate hydrocarbon seep surveys in the Orphan Basin (2017) and Carson Basin (2018)…
A recent subsea survey project in the Black Sea has scanned for ancient shipwrecks and other archaeological treasures ahead of future oil exploration in the area.UK based services firm James Fisher Marine Services (JFMS) said it completed the…
Kraken Robotics' OceanVision marine technology development project will move forward with conditional approval – and millions in funding – from Canada's Ocean Supercluster.The three-year, $20 million project is being spearheaded by Kraken subsidiary…
GulfSlope Energy, an independent oil and natural gas exploration company, has signed a letter of intent to enter a joint venture (JV) for drilling of shallow water depth prospects in the Gulf of Mexico (GoM).The oil and natural gas company focused on exploring offshore U…
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has been awarded a contract by UK oil and gas major BP for work off the coast of Senegal and Mauritania.EMGS said in a in Oslo Exchange filing that the contract is worth around $6 million…
Independent upstream oil and gas company KrisEnergy announced the commencement of a 1,200-square-kilometer 3D seismic survey in the offshore Cambodia Block A concession, where the company is developing the Apsara oil field.Shearwater Geoservices'…
Greece on Thursday awarded licences to ExxonMobil and Total to search for hydrocarbons off the island of Crete, marking the country's first major foray into an oil and gas search in the region.The companies, in consortium with Hellenic Petroleum…
The geoservices company Shearwater GeoServices announced it has been awarded a 4D seismic survey by Total to be conducted this summer offshore Denmark.The survey will be conducted by Shearwater’s SW Amundsen vessel at the Tyra, Tyra SE and Roar Fields…
Italian supermajor Eni and American information technology giant IBM have revealed the first results of a multiyear collaboration using artificial intelligence (AI) by launching a new research platform to support Eni's decision-making during the initial stages of exploration phase…
Seismic survey company TGS-NOPEC Geophysical Company (TGS) said its shareholders have approved a deal to acquire rival Spectrum ASA.Kristian Johansen, Chief Executive Officer of TGS, said, “Spectrum’s portfolio will enhance TGS’ position as…
UK based subsea Services group Acteon announced it has completed its acquisition of marine geosciences survey company TerraSond.US-headquartered TerraSond is a multidisciplinary geospatial and geophysical business with global experience working for clients in industries such as offshore oil and gas…
PGS, the world's largest seismic surveyor, called off a planned debt refinancing on Wednesday, citing worsening investor sentiment towards the oilfield services sector over the past weeks, sending the Norwegian company's shares down 24%.Oslo-listed PGS…
Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a processing contract by the Abu Dhabi National Oil Company (ADNOC), CGG announced on Tuesday.The French based geosciences company said it will perform high-end time and…
Marine geoscience companies CGG and Shearwater GeoServices earlier this month signed a binding term-sheet for a strategic partnership for marine seismic acquisition services and creation of a new streamer technology company.Under the agreement…