Offshore Geoscience News


Emerson Updates Reservoir Modeling Software

Jul 17, 2019

Emerson said it has launched Roxar RMS 11.1, the latest version of its reservoir modeling software., designed to enhance workflow automation and ease of use. This version provides a range of powerful technologies for building and visualizing high-quality reservoir models…

Fugro, AGI Sell Seep Data off Canada

Jul 11, 2019

Fugro and partner Amplified Geochemical Imaging (AGI) are reporting recent success selling multiple licences for data from frontier regions offshore east coast Canada.The data were acquired during two separate hydrocarbon seep surveys in the Orphan Basin (2017) and Carson Basin (2018)…

Kraken's OceanVision Moving Ahead

Jul 04, 2019

Kraken Robotics' OceanVision marine technology development project will move forward with conditional approval – and millions in funding – from Canada's Ocean Supercluster.The three-year, $20 million project is being spearheaded by Kraken subsidiary…

GulfSlope Energy Forms JV for GoM

Jul 01, 2019

GulfSlope Energy, an independent oil and natural gas exploration company, has signed a letter of intent to enter a joint venture (JV) for drilling of shallow water depth prospects in the Gulf of Mexico (GoM).The oil and natural gas company focused on exploring offshore U…

EMGS Wins BP Survey Off Senegal

Jul 01, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has been awarded a contract by UK oil and gas major BP for work off the coast of Senegal and Mauritania.EMGS said in a in Oslo Exchange filing that the contract is worth around $6 million…

Shearwater Kicks Off Survey for KrisEnergy

Jun 28, 2019

Independent upstream oil and gas company KrisEnergy announced the commencement of a 1,200-square-kilometer 3D seismic survey in the offshore Cambodia Block A concession, where the company is developing the Apsara oil field.Shearwater Geoservices'…

Exxon, Total to Explore off Crete

Jun 27, 2019

Greece on Thursday awarded licences to ExxonMobil and Total to search for hydrocarbons off the island of Crete, marking the country's first major foray into an oil and gas search in the region.The companies, in consortium with Hellenic Petroleum…

Shearwater Wins Tyra Shoot

Jun 26, 2019

The geoservices company Shearwater GeoServices announced it has been awarded a 4D seismic survey by Total to be conducted this summer offshore Denmark.The survey will be conducted by Shearwater’s SW Amundsen vessel at the Tyra, Tyra SE and Roar Fields…

Eni, IBM Use AI to Boost Data Analysis

Jun 25, 2019

Italian supermajor Eni and American information technology giant IBM have revealed the first results of a multiyear collaboration using artificial intelligence (AI) by launching a new research platform to support Eni's decision-making during the initial stages of exploration phase…

TGS Shareholders Approve Spectrum Acquisition

Jun 21, 2019

Seismic survey company TGS-NOPEC Geophysical Company (TGS) said its shareholders have approved a deal to acquire rival Spectrum ASA.Kristian Johansen, Chief Executive Officer of TGS, said, “Spectrum’s portfolio will enhance TGS’ position as…

Acteon Acquires TerraSond

Jun 20, 2019

UK based subsea Services group Acteon announced it has completed its acquisition of marine geosciences survey company TerraSond.US-headquartered TerraSond is a multidisciplinary geospatial and geophysical business with global experience working for clients in industries such as offshore oil and gas…

PGS Calls off Debt Refinancing, Shares Fall

Jun 19, 2019

PGS, the world's largest seismic surveyor, called off a planned debt refinancing on Wednesday, citing worsening investor sentiment towards the oilfield services sector over the past weeks, sending the Norwegian company's shares down 24%.Oslo-listed PGS…

CGG Wins Multi-year Processing Contract

Jun 18, 2019

Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a processing contract by the Abu Dhabi National Oil Company (ADNOC), CGG announced on Tuesday.The French based geosciences company said it will perform high-end time and…

CGG, Shearwater Partner

Jun 14, 2019

Marine geoscience companies CGG and Shearwater GeoServices earlier this month signed a binding term-sheet for a strategic partnership for marine seismic acquisition services and creation of a new streamer technology company.Under the agreement…

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Eni Allegedly Tried to Sway Witness in Nigeria

Aker Energy IPO May be in Late 2019 or 2020

MAN Wins Chevron FEED Gig

Hibiscus Acquires North Sea Rights

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