Australian oil and gas company Woodside Energy has decided not to exercise its option for the farm-in to the PEL 87 block offshore Namibia, operated by Pancontinental Energy’s subsidiary.Pancontinental has received notification from Woodside…
Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy NWMDp.TA on Monday to explore for natural gas in Israeli waters as the country seeks to boost domestic gas reserves and expand exports.In 2023 the trio…
Shearwater Geoservices and TotalEnergies have signed a three-year firm capacity reservation agreement (CRA) for worldwide marine seismic streamer acquisition services.The CRA reflects the longstanding relationship between TotalEnergies and Shearwater…
TDI-Brooks recently secured a contract with Compass Survey Limited to conduct a series of 2D Ultra High-Resolution (2DUHR) seismic site surveys and pipeline route assessments for SPDC offshore Nigeria.These projects involve the acquisition of…
Offshore seismic services firm Shearwater Geoservices has secured large deepwater 4D ocean bottom node (OBN) reservoir surveillance program by ExxonMobil Guyana.Under the contract, Shearwater will begin a six-month survey starting in the first half of 2025…
Norwegian seismic firm TGS has secured a 4D streamer acquisition project in the Barents Sea covering the Vår Energi-operated Goliat field.The Goliat 4D project is scheduled to start in July.The total duration of the project is approximately 20 days…
Norwegian seismic firm TGS has secured a new multi-client 3D streamer acquisition and processing project in the Goliat area of the Norwegian Barents Sea.The new GeoStreamer survey will span up to 1,600 square kilometers over recent discoveries such as Countach…
U.S. oil and gas major Chevron has completed the arm-in agreement with Custos Energy and NAMCOR for PEL 82 in the Walvis Basin offshore Namibia, acquiring an 80% participating interest and operatorship of the development.Following Chevron’s 80% farm-in…
Some expert thoughts on AI in 2025:“In 2025, AI won’t just be a tool; it will be a collaborator.”“In 2025, the most productive employees will work alongside AI agents.”AI agents are an advance on large language models (LLMs). LLMs at present…
Norwegian seismic firm TGS has secured two 4D streamer contract acquisition projects, one in the North Sea and the other in the Norwegian Sea.The 4D projects are scheduled to be acquired back-to-back and start in June 2025.The total duration of the two surveys is approximately 80 days…
Norwegian seismic specialist TGS has secured another offshore wind site characterization contract on the U.K. continental shelf, the second since the beginning of 2025.The contract has a total duration of approximately 30 days and the Ramform…
Trinidad and Tobago on Tuesday offered 26 offshore oil and gas blocks in its largest-ever auction of areas for deepwater exploration and production, according to an official notice.The twin-island Caribbean country, Latin America's largest exporter of liquefied natural gas (LNG)…
Norwegian seismic specialist TGS has secured an offshore wind site characterization contract on the U.K. continental shelf for a repeat customer.The contract has a total duration of approximately 60 days and is scheduled to commence in the first quarter of 2025…
Rex International Holding Limited (Rex International Holding Group) announced that its subsidiary Lime Petroleum AS (LPA) has been offered a 33.8434 per cent participating interest in a new offshore licence in the 2024 Awards in Predefined Areas (“APA 2024”) round in Norway…
Norwegian seismic specialist TGS has secured four 4D streamer contract acquisition projects, three of which are in the North Sea and one in the Barents Sea.The 4D campaign in the North Sea is scheduled to begin in early second quarter of 2025…
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