North Africa-focused oil company SDX Energy has terminated talks for a potential acquisition of assets in Egypt from the oil giant BP.A press release from SDX announced that further to the announcement made on September 20, 2018, discussions…
Houston-based marine seismic node firm FairfieldNodal has finalized its acquisition of UK-based marine geophysical services firm WGP Group from Thalassa Holdings. The acquisition will have an effective date of 31 December 2017. FairfieldNodal…
FairfieldNodal will launch its inaugural ZXPLR survey this month in the Gulf of Mexico. FairfieldNodal’s ZXPLR data acquisition system is the next evolution in its Z Technology portfolio, with significant improvements in productivity…
Schlumberger’s WesternGeco has completed a hybrid seismic acquisition survey using their newly deployed multipurpose vessel (MPV)—a first in the industry, the company says. WG Vespucci. Image from Ultstein…
Aker BP has agreed an up to eight year, US$30 million framework contract with Schlumberger for acquisition of 4D seismic data offshore Norway. The framework contract is for four years, with two, two-year options. It includes WesternGeco…
Kuwait Foreign Petroleum Exploration Co. (KUFPEC) has gained interest in the Greater Sleipner area offshore Norway, in addition to stake in the Gulf of Thailand. Image from KUFPEC. The company’s Norwegian subsidiary…
Polarcus received a letter of award for 3D marine seismic acquisition in Australia utilizing XArray to deliver a high quality broadband data-set via Polarcus' innovative and highly efficient acquisition technique. The project is due to commence in Q4 2016 and will run for one month.
Norwegian offshore technology company inApril has won its first commercial agreement, worth US$25-30 million for Venator, its node-based seabed seismic acquisition system. In development since 2012, the Venator node-on-a-rope system…
Visiongain's new Marine Seismic Equipment and Acquisition Markets 2016-2026 report indicates that the marine seismic market will see capex of US$273 million on equipment and $2.7 billion on acquisition in 2016. The fall in the price of…
Keppel Offshore & Marine (Keppel O&M) has completed the acquisition of Cameron International Corporation's (Cameron) offshore product division, which comprises the LeTourneau jackup rig designs, rig kit business, as well as its aftersales and aftermarket services…
The acquisition of 100% of the shares of E.ON E&P Norge by DEA Norge has been completed on the 16 December, 2015. With the deal, DEA Deutsche Erdoel AG enhances its presence in Norway and its long-term commitment to the country’s oil and gas industry…
CGG, with the support of its Seabed Geosolutions joint venture with Fugro, has completed the acquisition of a 3D seismic survey over the Hail and Shuweihat oil and gas fields in the Emirate of Abu Dhabi, one of the world’s most environmentally sensitive areas…
Global management consultancy and services firm Accenture has agreed to acquire Schlumberger Business Consulting (SBC), Schlumberger's management consulting unit. Accenture says the acquisition will expand its capabilities in helping…
UK-listed small-cap exploration firm Xplorer has today signed a memorandum of understanding for the acquisition of a working interest in five shallow offshore exploration permits off the coast of Morocco. Xplorer has negotiated the acquisition from Teredo International of Teredo Morocco…
UK-based explorer Ophir Energy announced today (6 July) that it will shutter five of 11 offices and reduce its staff as part of a cost reduction program put in place following its acquisition of Salamander Energy. Ophir said the cost…