Norwegian seismic data acquisition company PGS has said it has completed the acquisition phase of its Painimaut 3D MultiClient program, offshore Papua New Guinea.Using its Ramform Hyperion seismic survey vessel, PGS has gathered over 6 100 sq…
Oslo-listed marine seismic services company Polarcus has signed a contract for a survey in the Asia Pacific region.Polarcus said Wednesday that it had received a deal for an XArray marine seismic acquisition project, without disclosing the identity of the client nor the financial details…
Offshore seismic services provider Polarcus is reducing its headcount further by 20 percent, the company said Monday, citing the market uncertainty and bleak near-term outlook caused by low oil prices and COVID-19.Oslo-listed Polarcus had on…
An Australian frigate has joined three U.S. warships in the South China Sea near an area where a Chinese vessel is suspected to be exploring for oil, near waters also claimed by Vietnam and Malaysia, officials said on Wednesday.The warships…
Offshore seismic contractors, especially the owners of survey vessels, are the ones who will suffer the most from low oil prices and COVID-19 when it comes to the oil and gas supply chain, Rystad Energy has said in its analysis.The Norwegian…
Norwegian multi-client offshore seismic data firm TGS has completed the reprocessing of a 21,631-square kilometer regional 2D seismic survey offshore Sakhalin Island, in the Russian Sea of Okhotsk.TGS, a provider of offshore data to exploration & production (E&P) companies…
Norwegian marine seismic company PGS is gearing up to begin a seismic survey offshore East Shetland, in UKCS waters.PGS said Monday that its vessel Ramform Tethys seismic vessel would start the 3D MultiClient survey in the area 'this week.''The…
The United States called on China on Saturday to stop 'bullying behavior' in the South China Sea and said it was concerned by reports of Beijing's 'provocative actions' aimed at offshore oil and gas developments in the disputed waters.Three…
Offshore seismic survey contractor SeaBird Exploration has received a letter of award for a contract in South America.The Oslo-listed company said Monday that the letter of award was for a source contract, without revealing the name of the client…
Norwegian seismic company TGS has started a 3D seismic survey offshore The Gambia.The acquisition is being carried out together with the seismic vessel contractor BGP, using the BGP Prospector vessel. 'This vessel steamed south after recently completing another 3D seismic survey in northern Senegal…
Norwegian seismic data firm TGS has been cleared of charges for tax fraud laid by the country's prosecutors in relation to the company's seismic data deal in 2009.Back in October 2018, Oslo district court ruled TGS was guilty for aiding and abetting violations of the Tax Assessment Act…
A Chinese government survey ship embroiled in a standoff with Vietnamese vessels moved south near Malaysia, shipping data showed Thursday, amid accusations that China is using the pandemic to assert its presence in the South China Sea.The Haiyang Dizhi 8 was spotted off Vietnam this week…
Oslo-listed marine seismic company SeaBird Exploration is working to reduce costs further in the wake of uncertainty caused by low oil prices and COVID-19. The company said that in the worst-case scenario it would target to cut the spending to less than $400…
Norwegian seismic survey company Shearwater has lost two contracts in the Asia Pacific, joining the likes of Polarcus, SeaBird, EMGS which have all been hit by the recent low oil prices and COVID-19 pandemic situation.Shearwater said Tuesday…
British oil major BP has signed an agreement with Bluware Corp, a digital innovation platform, to help it interpret large seismic data sets.Bluware, which describes itself as a platform that helps the oil and gas industry to accelerate digital transformation initiatives using deep learning…
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