Geoscience News


UK Offshore Well Decommissioning Firm Eyes CCUS and Geothermal Projects with New Appointment

Oct 17, 2023

UK-based offshore well decommissioning specialist Well-Safe Solutions is looking to expand its capabilities and venture into the carbon capture, usage and storage (CCUS) and geothermal sectors too.To help facilitate this scope expansion, Well…

UK, Italy's Eni Agree Carbon Capture Project Rules

Oct 17, 2023

Italy's Eni said on Tuesday it had reached an agreement with Britain's government on the key terms and conditions for providing services in one of the carbon capture and storage (CCS) projects under development in the country.Eni is the carbon…

Fugro Boosts Offshore Wind Service Capabilities in Taiwan with New Geotechnical Lab

Oct 17, 2023

Offshore survey services and geo-data specialist Fugro on Tuesday announced the opening of its new geotechnical testing laboratory in Kaohsiung, Taiwan. Fugro said the new lab would bolster the company's capability to deliver advanced geotechnical testing for the offshore wind market…

Energean Shares Drop Over Concerns of Middle East Escalation

Oct 09, 2023

Shares in European-listed companies with major business exposure to Israel fell on Monday on concerns over the potential for their operations there to be affected by a possible escalation of the conflict in the Middle East.Energean fell as much as 16…

BP's 'Endurance' CCS Project Receives Green Light with Agreement for Lease

Oct 06, 2023

The Crown Estate for England, Wales, and Northern Ireland, has awarded an Agreement for Lease to BP for what it said could become one of the world’s largest carbon capture and storage (CCS) projects.The agreement will allow BP to further progress its planned ‘Endurance’ CCS project…

CGG Releases Gulf of Mexico Carbon Storage Study

Oct 03, 2023

French seismic data specialist CGG has announced the delivery of the eastern phase of its GeoVerse Carbon Storage Gulf of Mexico Study and the start of the westward extension of the study. Both phases of the project, supported by industry funding…

CGG Starts Seismic Reimaging Program in Ivory Coast's Tano Basin

Sep 28, 2023

France-based marine seismic data firm CGG has announced the start of a major new multi-client 3D PSDM reimaging program in the Tano Basin offshore Ivory Coast, in association with the country’s Direction Générale des Hydrocarbures (DGH) and national oil company…

Woodside Needs New Seismic Approval for Scarborough Gas Project

Sep 28, 2023

Australia's federal court on Thursday halted approval for Woodside to conduct seismic blasting under the seabed for its $12 billion Scarborough gas project after a legal challenge by an Indigenous woman.The court's ruling marked another win for groups opposing fossil fuel developments…

AUV Specialist Argeo Partners Up With Marine Seismic Giant Shearwater GeoServices

Sep 27, 2023

Argeo, a provider of robotic and digital solutions for the ocean space, and Shearwater GeoServices, a global provider of geophysical marine seismic acquisition and processing services, have entered a strategic alliance for innovating and pioneering…

Fugro to Convert Two PSVs to Geotechnical Vessels

Sep 26, 2023

Dutch offshore survey firm Fugro will convert the Fugro Resilience and the Topaz Endurance, two ULSTEIN PX121 platform supply vessels (PSVs), to geotechnical vessels, targeting their deployment in the global offshore renewable energy market…

Egypt Launches Oil and Gas Exploration Bidding Round

Sep 25, 2023

Egypt's petroleum ministry launched an international bidding round on Monday for exploration in 23 open blocks, with the offer deadline set for Feb. 25. The round includes 10 areas in Egypt's Western Desert, two in the Eastern Desert, seven in the Gulf of Suez…

Equinor Taps Ocean Infinity for Floating Wind Farm Site Survey off California

Sep 18, 2023

Seabed survey and ocean research company Ocean Infinity has signed a contract with Equinor Wind US LLC, for one of the first-ever floating offshore wind farms on the US West Coast. Under the terms of this contract, Ocean Infinity will undertake…

Norwegian Seismic Specialists TGS and PGS Set to Merge

Sep 18, 2023

Seismic group TGS, a supplier of key data to the oil industry, has agreed to buy loss-making rival PGS in an all-share deal valued at 9.3 billion Norwegian crowns ($864 million), the two Oslo-listed companies said on Monday.The groups expect 'significant economies of scale' from the combination…

Italy's Eni Wins Second UK Offshore Carbon Storage Licence

Sep 15, 2023

Italian energy group Eni has won a second carbon dioxide storage licence in Britain, the company said on Friday. The new licence is for the depleted Hewett gas field located 20 kilometers (12.4 miles) offshore Bacton, in the southern North Sea sector of Britain…

14 Companies Secure Licenses for Carbon Storage in the UK North Sea

Sep 15, 2023

Following the UK's first-ever carbon storage licensing process, the North Sea Transition Authority (NSTA) on Friday released the list of firms that had accepted licenses.A total of 14 companies have been awarded 21 licences in depleted oil and…

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