Canada-based, North Sea-focused independent exploration firm Iona Energy has appointed two industry veterens to its ranks and said it plans to go on the acquisition trail as part of growth plans. Former Ithaca Energy CEO Iain McKendrick…
Norway's Norwegian Petroleum Directorate (NPD) has collected 5600km 2D seismic in the northern Barents Sea since July 18, it said today. The acquisition is a continuation of the acquisitions which the NPD has conducted in the southeastern and northern Barents Sea since 2011…
Pemex has awarded CGG a US$200 million contract for ocean bottom cable (OBC) 3D-4C seismic work in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field, and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico…
Houston-based ION Geophysical Corp. has agreed to acquire 100% ownership of ocean bottom seismic acquisition company OceanGeo BV. In February 2013, ION acquired 30% of OceanGeo, then increased its ownership to 70% in January 2014…
Seismic acquisition firms PGS and TGS are working together to expand 2D seismic coverage offshore eastern Canada ahead of a new tenure round in the area, while EMGS signed a multi-client license agreement with Nalcor Energy (see below) covering the Flemish Pass basin…
Australia's infrastructure & environmental services consultancy Cardno Ltd. reported its largest acquisition to date with the purchase of the PPI Group of companies (PPI) headquartered in Houston, Texas for US$145 million. Cardno CEO…
WesternGeco and PGS have been awarded contracts for a joint industry seismic acquisition in the southeastern Barents Sea. The surveys cover blocks proposed for the 23rd concession round by the Norwegian Ministry of Petroleum and Energy (MPE) and will in total cover about 13…
The project for joint seismic acquisition in the southeastern Barents Sea has been joined by a further 16 companies. In total, 33 companies are now part of the project, which will secure good data quality and low acquisition costs. A…
KrisEnergy Ltd. announced the acquisition of 1300km 2D seismic data in the East Muriah production sharing contract (PSC) in the East Java Sea, Indonesia. The Nordic Bahari seismic vessel commenced the acquisition on 6 Feb 2014. East Muriah…
Houston-based MicroSeismic Inc. purchased the US assets of Calgary-based Reservoir Imaging Inc. (RII). The acquisition includes Geospace equipment, wireline units, and equipment for downhole microseismic data acquisition services. The…
A group comprised of 17 oil and gas companies, led by Statoil, has established a project for joint seismic acquisition in the southeastern Barents Sea. At the request of the Norwegian Ministry of Petroleum and Energy (MPE), the industry…
CGG announced that the Fast TraxTM TTI RTM (tilted transverse isotropy reverse time migration) processed data from its IBALT broadband, full-azimuth survey covering over 5,000sq km (221 blocks) in the Keathley Canyon area of the Gulf of Mexico (GOM) has been delivered on schedule…
Glacier Energy Services boosts portfolio and specialist offering with acquisition of Ross Offshore International oilfield specialist Glacier Energy Services today confirms the acquisition of Aberdeen-based Ross Offshore in a multi-million pound deal…
Petroleum Geo-Services (PGS) completed acquisition of a 2D multi-client survey offshore Newfoundland using the industry-leading PGS GeoStreamer® acquisition technology. The 2013 program will acquire additional data of about 16,000 line-km of the Northeast Newfoundland Slope…
National Oilwell Varco is looking to establish a major foothold in the flexible pipe business with the acquisition of Danish manufacturer NKT Flexibles, a joint venture between NKT Holding and Subsea 7 since 1999.The $670 million deal, announced early February…
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