"Seismic" News

Shearwater GeoServices in $437M Debt Refinancing Deal

Dec 17, 2020

Offshore seismic surveyor Shearwater GeoServices has signed new debt and guarantee facilities totaling $437 million, as part of the planned refinancing of the company’s maturing debt. The new facilities include the refinancing of the USD 325…

Turkey Won't Abandon East Med Rights over EU Sanctions Threat, FM Says

Dec 15, 2020

Turkey will not abandon its rights and interests in the eastern Mediterranean because of possible European Union sanctions or criticism, Foreign Minister Mevlut Cavusoglu said on Monday.At a summit on Friday, EU leaders agreed to prepare limited…

CGG, PGS, TGS Form Shared Multi-Client Seismic Data Library

Dec 15, 2020

CGG, PGS, and TGS, companies providing seismic data for oil and gas explorers, on Tuesday announced a strategic partnership to offer 'a shared ecosystem' providing direct access to their subsurface multi-client data libraries.'The independent…

East Med Dispute: Erdogan Unmoved by EU Sanctions Threat

Dec 10, 2020

Turkish President Tayyip Erdogan accused the European Union on Wednesday of never acting honestly towards his country and said Ankara was not concerned by any economic sanctions the bloc might impose on it.EU foreign ministers said on Monday…

Shearwater to Shoot 3D Seismic for Reliance Offshore India

Dec 07, 2020

India's Reliance Industries has awarded a 3D seismic data acquisition contract to seismic survey services provider Shearwater.Under the contract, Shearwater will carry out a 3D survey in the Bay of Bengal, India.The survey is slated to start in the first quarter of 2021 and covers 1…

East Med Dispute: Turkey Won't Bow to Threats, Erdogan Says as EU Considers Sanctions

Dec 07, 2020

Turkey will not bow to threats in its dispute with Greece and Cyprus over maritime claims in the eastern Mediterranean, President Tayyip Erdogan said on Monday as European Union foreign ministers met in Brussels to discuss the issue.But Erdogan…

Brazil: PGS to Resume Campos Basin 3D Seismic Survey in December

Nov 30, 2020

Norwegian marine seismic data acquisition company PGS has informed that its Ramform Titan vessel is about to continue the acquisition of the Campos Deepwater GeoStreamer X (Phase 2), a prefunded MultiClient 3D seismic survey with multi-azimuth coverage…

Brazil: Petrobras Taps Shearwater Geo for Deepwater OBN Survey

Nov 26, 2020

Seismic contractor Shearwater GeoServices has been awarded a large Ocean Bottom Node 4D Baseline survey in Brazil with the Brazilian national oil company Petrobras.The deepwater OBN survey will be carried out at the Jubarte Field in the Campos Basin…

CGG, Magseis Fairfield Complete 'Largest Ever' North Sea OBN Survey

Nov 26, 2020

Marine seismic data companies CGG and Magseis Fairfield have completed the 2020 acquisition of what they say is the largest OBN (Ocean Bottom Node) survey ever acquired in the North Sea. The OBN Cornerstone 2020 multi-client survey in the UK Central North Sea began in March 2020…

ADNOC Awards Seismic Contract Worth up to $519 Million to BGP

Nov 26, 2020

Abu Dhabi's national oil company ADNOC said Thursday it had awarded a contract worth up to $519 million to Chinese seismic contractor BGP to further expand the scope of what it says is the world’s largest combined 3D onshore and offshore seismic survey…

Norwegian Seismic Company Dives into Deepsea Mining Business

Nov 24, 2020

Seabird Exploration, a Norway-based provider of seismic survey services for the offshore oil and gas industry, is diversifying and venturing into deep-sea mining.The company on Monday announced a plan for funding and listing of its 100% owned subsidiary Green Minerals AS (GM)…

Turkey Extends Seismic Survey in Contested Waters in Eastern Mediterranean

Nov 23, 2020

Turkey said it was extending the seismic survey work being carried out by its Oruc Reis ship in a disputed part of the eastern Mediterranean until Nov. 29, a move that could add to tensions in the region.NATO members Turkey and Greece are locked…

TGS in Argentina, Brazil Offshore Surveys

Nov 20, 2020

Norwegian oil and gas seismic data company TGS has returned to Argentina to complete the previously announced Malvinas 3D Multi-Client offshore survey, and has also announced two new surveys in Brazil.In Argentina, TGS has earlier this week…

CGG Wins Two Large-scale Seismic Reprocessing Contracts with PTTEP

Nov 17, 2020

French seismic data company CGG has been awarded two large-scale complex seismic reprocessing contracts by the Thai national oil company PTTEP.CGG said PTTEP was investing in the rejuvenation of pre-existing data sets from two regions offshore Malaysia…

Shearwater to Shoot Seismic for Total in Senegal

Nov 11, 2020

Marine seismic data acquisition firm Shearwater GeoServices has secured a contract for a large towed streamer 3D acquisition and Fast Track processing project with the French oil major Total in Senegal.The exploration survey covers 5,000 sq…

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