Geoscience News


3D offshore Namibia shoot starts

Jan 18, 2016

Atlantic margin focused explorer Chariot Oil & Gas has started a 3D seismic acquisition survey of approximately 2600sq km in Blocks 2312 & 2412A (the “Central Blocks”) offshore Namibia. The survey is being conducted by PGS Exploration…

CGG in US$378 million capital increase

Jan 13, 2016

CGG launched a US$378.8 million (€350 million) rights offering to existing shareholders to fund its “transformational plan” to convert CGG from a seismic acquisition company into an integrated geosciences group. The CGG Oceanic Vega…

Fugro in vessel sale-leaseback deal

Jan 12, 2016

Fugro entered into a sale and leaseback agreement with Icon Investments for two of its geotechnical vessels, the Fugro Scout and the Fugro Voyager. The Fugro Scout. Image courtesy of Fugro. The…

Polarcus to restructure

Jan 06, 2016

Polarcus has gained full support from key stakeholders to move forward with the restructuring of the company in an effort to reduce its debt. The Polarcus Nadia. Image courtesy of Polarcus. Key…

Up close and pore-scale personal

Jan 01, 2016

Voxels, submicrons and synchrotronic optics are coming to an oil and gas laboratory near you. Well, almost. Elaine Maslin reports on the University of Aberdeen’s new high-spec scanner. High…

Giving ABK a boost

Jan 01, 2016

Abdelghani Henni reports on how French major Total is keeping the ABK field offshore Abu Dhabi up and running past its initial life span, and beyond, serving as a pilot project for other major fields in the country. ABK…

Offshore’s opportunity?

Jan 01, 2016

Innovate, collaborate, standardize; lead with lean.   One could argue that the future of the global offshore E&P business, particularly deepwater development, is ours to create. Confronted…

IOG gains North Sea extensions

Dec 31, 2015

Independent Oil & Gas (IOG) has received extensions from the Oil and Gas Authority (OGA) for its Cronx and P2085 licenses located in the North Sea. Cronx OGA has extended the Cronx license by one year to 9 January 2017. In addition…

Pemex extends Fugro campaign

Dec 23, 2015

Mexican national oil company Pemex has awarded a further extension to Fugro's contract to support its exploration drilling activities in the Bay of Campeche. The contract extension is valued at approximately US$20 million and the workscope…

Fugro wins Guyana survey

Dec 22, 2015

Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…

Schlumberger inks Statoil GoM seismic

Dec 21, 2015

Schlumberger and Statoil Gulf of Mexico signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase…

Polarcus to shoot 4D seismic off Denmark

Dec 18, 2015

Polarcus has received a letter of intent from Maersk Oil on behalf of the Danish Underground Consortium (DUC) for a 4D marine seismic survey offshore Denmark. The project is due to commence in Q2 2016 and will run for approximately three months…

UKCS Exploration: "Could do better"

Dec 17, 2015

Better success rates from North Sea exploration drilling could be achieved if historical well data was stored and shared better, according to the results of a review of well data published. The Oil and Gas Authority says a lack of quality geoscience and geophysics work…

PGS claims seismic spread record

Dec 17, 2015

Norway-based geoscience firm PGS has laid claim to the industry's largest seismic spread, offshore Myanmar. The firm says its vessel, the Ramform Titan, working in the Bay of Bengal, is towing the industry’s first ever single vessel 18 streamer seismic operation…

Polarcus starts Australian Cygnus 3D shoot

Dec 16, 2015

Norway-based geoscience firm Polarcus has started a new RightBAND multi-client project over the Vulcan Sub-basin, offshore the North West Shelf, Australia. The Cygnus 3D Survey is being acquired with joint investment from Spectrum and DownUnder GeoSolutions…

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