On Saturday, 10 May 2014, at 2 p.m. local time (10 p.m. Friday EDT), the hybrid remotely operated vehicle Nereus was confirmed lost at 9990m (6.2mi.) depth in the Kermadec Trench northeast of New Zealand. The unmanned vehicle was working…
Decreasing ice cover is currently spurring increased activity in hydrocarbon extraction and shipping in the Arctic. Motivated by the threat of future oil spills in this environmentally sensitive area, Woods Hole Oceanographic Institution…
The first multi-client geohazard ultra-high-resolution 3D seismic survey is about to begin in the US Gulf of Mexico. NCS SubSea Inc., Geotrace Technologies Inc., and SpecPartners Ltd. have announced the start date for a multiphase, large-scale innovative project called SAFE-BAND…
NCS Subsea, GeoTrace and SpecPartners set the start date for a multiphase, large scale project called SAFE-BAND. Acquisition is to begin 1 June 2014. NCS Subsea said it will be the first multi-client geohazard survey on a regional scale utilizing ultra-high resolution 3D seismic (UHR3D)…
RWE Dea and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a joint study agreement to evaluate the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea. The agreement was regarding the joint evaluation…
ION Geophysical Corporation subsidiary GX Technology (GXT) group has been awarded a multi-year contract with Petroleos Mexicanos (PEMEX), the national oil company of Mexico. Under this contract, GXT is providing a broad range of seismic…
In early April, Rosneft and ExxonMobil began aerial gravity-magnetic surveys over offshore blocks in the Yuzhno-Chukotsky licence area in the eastern Russian Arctic to establish the subsurface structure of the field. As part of a framework agreement…
The past five years have demonstrated that there is still plenty of life left on the Gulf of Mexico shelf, with bypassed oil-rich assets in plentiful supply. Exploration and production operators are now focused squarely on the shelf during this time period…
Tullow Oil has announced it plans a 4000km sq 3D seismic acquisition program next year in block 54 offshore Suriname. In January, the company agreed to a production-sharing contract that gave it a 50% operated stake, in partnership with state-owned Staatsolie…
TGS has started new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide high quality data prior to the closing of the 23rd Norwegian Licensing round. The HFCE14 is a 3100sq km 3D multi-client survey…
Task Geoscience and Fronterra Integrated Geosciences are to merge to become geoscience consultancy – the Task Fronterra Group. Task Fronterra has received a financial injection of growth capital investment from the UK's Business Growth Fund…
The Dolphin Geophysical seismic vessel, Artemis Atlantic, is currently acquiring 1500km of 2D seismic data in Blocks 1, 2 and 3 of Area 3 north of Malta. Malta's Minister for Transport and Infrastructure, Joe Mizzi, visited the vessel while it was berthed at Valletta Harbour…
ION Geophysical Corp. today announced it has been awarded permits to acquire 12,600km of seismic data offshore Peru. The 2D multi-client survey, known as PeruSPAN, covers the offshore margin from the Talara basin in the north, to the Pisco basin in the south…
ION Geophysical Corp. today announced it is collaborating with UAE-based Polarcus to acquire a new 4000sq km, 3D multi-client seismic survey offshore southwest Ireland, the first major survey of the significantly underexplored deepwater Southern Porcupine basin…
Sierra Hamilton LLC acquired all the assets of GeoPro GmbH of Hamburg, Germany to create a new operating subsidiary, GeoPro Geophysics LLC. GeoPro Geophysics will operate as a global seismic data acquisition, processing and interpretation…
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