Advanced Geomechanics News


OMV Extends Partnership with CGG for Advanced Seismic Imaging and Reservoir Characterization

May 23, 2023

Seismic data firm CGG has been awarded a new contract by the oil firm OMV to continue operating a dedicated center at its head office in Vienna for an initial three-year period. CGG said that during the contract time, OMV would continue to benefit…

AssoJet III Mk2: Asso.subsea Unveils its Most Advanced Jetting ROV

Apr 06, 2023

Offshore installation services firm Asso.subsea on Thursday announced the development of a newly built jetting vehicle for cohesionless soil: AssoJet III Mk2.'The AssoJet III Mk2 is the most advanced of the ASSO’s jetting ROVs, based on full…

Borders & Southern's Falkland Islands Offshore Licenses Extended

Dec 08, 2022

Oil and gas company Borders & Southern Petroleum said Thursday it had secured the extension of its Production Licences PL018, PL019, PL020, including the Darwin Discovery Area, offshore the Falkland Islands.The offshore licenses were due to expire on the December 31…

New Product: BOREAS D70, FOG Intertial Navigation System

Oct 24, 2022

Advanced Navigation debuts the Boreas D70, a fiber-optic gyroscope (FOG) inertial navigation system (INS). According to the manufacturer, the technology is well suited to surveying, mapping, and navigation across subsea, marine, land and air applications…

Petrobras Extends Deal for Use of CGG's Seismic Processing Software

May 11, 2022

French offshore seismic data services company CGG said Wednesday that it had recently signed an expanded five-year licensing agreement with the Brazilian oil company Petrobras for Geovation seismic processing and imaging software.CGG said the…

Petrobras to Use Shearwater's Seismic Processing Software 'Reveal'

Feb 08, 2022

Shearwater GeoServices has signed 'a significant' licensing contract for its Shearwater Reveal geophysical software with Petrobras. The agreement includes the provision of associated training and support services.Under the agreement, Petrobras’…

Core Power: Decarbonizing Shipping With Nuclear-powered Offshore Ammonia Production Plants

Feb 01, 2022

Advanced nuclear energy technology company Core Power is working on a concept for an offshore facility that combines advanced nuclear power with an offshore ammonia production facility, which would enable affordable production of green ammonia for shipping…

Interventek Launches Revolution-7 Subsea Landing String

Oct 20, 2021

Aberdeen-based, subsea well intervention technology specialist Interventek announced the commercial launch of a new API 17G qualified, in-riser subsea landing string system. The Revolution-7 landing string is an advanced, 7-inch nominal, 10…

SMD to Build SEAJET's Controlled Flow Excavation Equipment

Aug 11, 2021

Dubai-based SEAJET Systems, a company building controlled flow excavation (CFE) solutions, has signed a manufacturing partnership with Soil Machine Dynamics (SMD), one of the world’s largest independent designers and manufacturers of specialist subsea intervention equipment…

Shell, Aegir Insights in Offshore Wind Collab

Jun 04, 2021

Denmark-based Aegir Insights, an offshore wind investment analytics company, has announced a partnership with Shell, where Aegir Insights will provide data-driven analytics and intelligence to help Shell's offshore wind business development…

Carnarvon Wraps Buffalo Farm-Out. Drilling to Start in Late 2021

Apr 20, 2021

Australian oil and gas companies Carnarvon Petroleum and Advance Energy have completed the Buffalo oil field farm-out agreement as all the necessary conditions have been met.Carnarvon in December 2020 announced that Advance Energy would acquire 50% of the Buffalo project in the Timor Sea…

Buffalo Offshore Well Advancing to Drilling, Carnarvon Says

Apr 01, 2021

Australian oil and gas company Carnarvon Petroleum has informed that  Advance Energy has, subject to shareholder approval, raised capital to acquire a 50% interest in Carnarvon's Buffalo project, in the Timor Sea, offshore East Timor, paving way for the start of drilling operations this year…

PHI to Operate Four H160 Airbus Helicopters for Shell in Gulf of Mexico

Feb 15, 2021

Oil firm Shell has picked the US offshore helicopter operator PHI to operate four Airbus H160s to service a support contract in the Gulf of Mexico, marking the entry of the H160 helicopter series into the oil and gas market, Airbus has informed…

GE Gets U.S. DOE Grant to Build 3D Printed Wind Turbine Blades

Feb 05, 2021

GE Research, GE Renewable Energy, and LM Wind Power, a GE Renewable Energy business were recently selected by the Department of Energy to research the design and manufacture of 3-D printed wind turbine blades.GE said Friday that its business…

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