Paris-based CGGVeritas has an agreement to purchase Fugro’s geoscience division, excluding the existing multi-client library and nodes businesses, for €1.2 billion (US$1.6 billion) cash. The gross amount of the transaction is €1.2 billion…
TGS has commenced acquisition of a 2D multi-client survey in the Chukchi Sea off the northwest coast of Alaska. The Chukchi Sea 2D 2013 survey covers about 8,000km and builds on the existing Chukchi Sea (CSR-06) survey acquired in 2006 in…
CGG announced that it has started the re-imaging of its entire Cornerstone multi-client dataset to create a 35,000sq km contiguous broadband PSDM volume, covering the Central North Sea. The existing conventional north-south, long-offset data…
TGS has started expansion of a 2D multi-client survey off northeast Greenland.The survey, NEG13, will enable customers to prepare for the announced Greenland Licensing Round in 2013/2014. Due to favorable ice conditions, TGS expects to acquire 4…
SeaBird Exploration Plc's Northern Explorer was awarded a contract in the Mediterranean. The contract has an estimated duration of 150 days, including mobilization from South Africa, and is valued at about US $10.5 million.
Polarcus Ltd. announce that the company has entered into a three-year agreement with ION Geophysical Corp. to jointly develop, execute, and market 3D marine multi-client projects to E&P companies worldwide. The agreement combines Polarcus'…
Shales are very fine-grained, clastic rocks that lose porosity through compaction. Sedimentary basins typically contain about 70% shale, Figure 1. Quantifying shale properties helps with predrill geologic and seismic interpretation, basin modeling…
CGGVeritas Services SA began a marine 3D seismic survey over Karoon Gas Australia’s WA-482-P permit area in the Northern Carnarvon Basin. The survey will cover about 2386sq km and will define leads and prospects first identified on existing 2D and 3D seismic data…
China National Offshore Oil Corp. (CNOOC) signed a PSC with PetroBroad Copower Ltd. for block 28/03 in the Pearl River Mouth Basin. Block 28/03 covers 68sq km with 95m water depth. PetroBroad will acquire 3D seismic surveys and drill exploration wells during the exploration period…
A consortium of three companies has made a successful bid for an exploration concession on the Patraikos block, off western Greece. Hellenic Petroleum (operator), Petroceltic International, and Edison International, will each hold a one-third working interest in the concession…
Electromagnetic Geoservices ASA (EMGS) signed a contract with PEMEX worth US$99.8 million to conduct a 3D electromagnetic (EM) survey in the Gulf of Mexico. 'We have over the last few years reinvigorated our exploration organization and embraced technologies that give us an advantage…
Eco (Atlantic) Oil & Gas is planning 3D and 2D seismic campaigns after being granted a one year extension on two exploration licenses offshore Namibia. The extension to the Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses, both in the Walvis Basin…
Eni and Rosneft began seismic operations in the ice-free portion of the Russian Barents Sea, the companies confirmed on July 8. The 2D seismic survey is planned for 9950km over the Fedynsky and Central Barents license areas. During the…
National Iranian Oil Company (NIOC) plans to absorb as much as US $25 billion worth of investment for its development, exploratory and seismic operations during the current Iranian calendar year up to March 2014. At the closing ceremony of seismic operations at Ahwaz oil field…
CGGVeritas Services SA began a marine 3D seismic survey on June 10 for Karoon Gas Australia's WA-482-P permit area off the Northern Carnarvon Basin. CGG is utilizing the vessel Geo Caspian. The operation is expected to take abour 56 days…
Subscribe
