With a weak start of the year for CGG, the French seismic company will reduce its fleet by another three vessels by the end of Q1, as its revenue dropped 32% from 2014. The Oceanic Vega. Image from CGG…
Statoil has outlined its six Licensing Options offered in Ireland’s 2015 Atlantic Margin Licensing Round. Statoil is set to be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil. The…
Japanese exploration outfit Japan Oil, Gas and Metals National Corp. (JOGMEC) has been given more time to explore offshore the Seychelles, in the Indian Ocean offshore east Africa. The firm has signed an extension to its joint survey…
The need to innovate, collaborate and standardize existed well before the downturn, and not least in Norway. Elaine Maslin sets out how Transmark Subsea has been doing all three. Work on Murene at Transmark’s facility near Bergen…
Oil and gas has all the resources for a big data revolution – so what’s holding us back? Robert Dickson, Director – field development project excellence at io sets out his view. Image from iStock…
Henrique Paula, of ABS, explains how data analytics can be used to improve safety, environmental protection, operational efficiency, and profitability in emerging energy markets such as Mexico. One of the most promising and legitimate…
Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
New Zealand Petroleum & Minerals, the government's petroleum permitting agency, has released its 2016 Petroleum Exploration Data Pack. This year’s data pack adds a number of new projects to the comprehensive compilation of open-file seismic and well data…
PGS will conduct an 8200sq km survey of the Nordland Ridge area of the Norwegian Sea commencing early May, to be completed in 2016. A Base Cretaceous horizon from the Norwegian Sea showing the location of the new GeoStreamer survey…
Chariot Oil & Gas completed its 3D seismic survey in Blocks 2312 & 2412A offshore Namibia, in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%). The survey comprised approximately 2600sq km of data and was conducted by PGS Exploration…
PGS is to start a 8200sq km survey of the Nordland Ridge area of the Norwegian Sea, starting May and to be completed during 2016. The survey is a prefunded GeoStreamer project and extends the existing PGS library coverage of the Halten Terrace to provide a regional dataset of over 29…
Statoil has reached a deal with Austria's OMV to acquire a 30% interest in an exploration permit offshore New Zealand, increasing the Norwegian oil major's interests in the region. Petroleum Exploration Permit (PEP) 57073 covers 9800sq km in the East Coast Basin…
New African Global Energy and Tower Resources have decided to drop their deep-water frontier acreage offshore offshore South Africa, but will be seeking a third partner for another exploration block. The firms were partners on the SW Orange Basin Technical Co-operation Permit (TCP)…
Norway-based seismic firm Magseis has, together with its partner BGP, has been awarded Saudi Aramco’s S78 project for large-scale ocean bottom seismic acquisition in the Red Sea. The project is expected to last nine months plus one year…
CGG has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015. The new survey follows on from the original over 16,000sq km survey CGG conducted over portions of the Col-1 and Col-2 blocks…
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