Geoscience News


USV Completes Greater Gabbard Survey

Jan 22, 2020

A vessel remotely operated from shore performed survey work for a wind farm in the sea off Suffolk, UK, reportedly marking a first for the offshore wind sector.The XO-450 unmanned surface vessel (USV), owned and operated by XOCEAN, carried out…

EMGS Nets More Acquisition Work with Pemex

Jan 22, 2020

Norwegian marine data acquisition firm EMGS has been awarded more work with the Mexican oil company Pemex in Mexico.As previously reported, EMGS had in June 2019 signed a two-year acquisition contract with Pemex with a valued at around $73.3 million…

PGS to Raise $95M in New Equity to Refinance Debt

Jan 22, 2020

Norway's seismic surveyor PGS plans to raise up to 850 million Norwegian crowns ($95 million) in new equity via a private placement to partly refinance its debts maturing in the next 18 months, the company said on Tuesday. The Oslo-listed company…

Shearwater Clinches 3D Survey Work Offshore India

Jan 22, 2020

Shearwater GeoServices will carry out a 3D marine seismic survey offshore India under a new contract awarded by ONGC.The Norwegian seismic company will start the 3D broadband marine seismic acquisition campaign in Q1 2020.The 4-month survey for the Indian oil company covers 2…

Egdon Shares Soar as Shell Farms Into Its Offshore Blocks

Jan 21, 2020

Shares of London-listed Egdon Resources jumped on Tuesday following news that oil giant Shell farmed into Egdon's UK offshore licenses P1929 and P2304.Under the agreement, Shell will become the operator and will acquire a 70% interest in both blocks…

In Norway, Signs of Industry-wide Health

Jan 20, 2020

A range of oil companies and their suppliers saw their market value enrichened Monday for reasons that included oil skipping its usual end-of-month dip in December, as WTI and Brent in 2020 still looking like 2019.With oil stable, even “minor”…

Polarcus Kicks Off Australia Survey

Jan 20, 2020

Polarcus has begun the latest phase of the Cygnus regional multi-client 3D survey in the Vulcan Sub-basin, offshore north-west Australia, the marine geophysical company announced on Monday.The 1,500-square-kilometer Phase 3 South survey, covering the Skua…

Axxis Geo Starts Middle East Survey

Jan 17, 2020

Seismic data acquisition company Axxis Geo Solutions (AGS) has begun a 3D ocean bottom node survey in the Middle East.'The work has now commenced and will continue through most of the first quarter of 2020,' Oslo-listed seismic survey company said…

Fugro to Probe Dutch Offshore

Jan 16, 2020

The geo-data specialist Fugro has been awarded a geotechnical site investigation contract for the Ten noorden van de Waddeneilanden Wind Farm Zone (TNWWFZ).The TNWWFZ, over 70km off the north coast of the Netherlands, has a total surface area…

ION Reimaging 3D Data Offshore Uruguay

Jan 16, 2020

ION Geophysical Corporation, a provider of geophysical technology, services and solutions to the global oil and gas industry, has launched Tannat 3D, a multi-client reimaging program offshore Uruguay.Leveraging the ION’s existing regional UruguaySPAN data and subsurface knowledge…

Polarcus Vessel Stays With Sovcomflot

Jan 14, 2020

Russian offshore vessel owner Sovcomflot will keep Polarcus’ Vyacheslav Tikhonov seismic vessel contracted for longer than previously agreed.The marine seismic vessel owner Polarcus had in December 2019 said that Sovcomflot would redeliver it the vessel on January 15…

TGS names SVP Imaging. Strikes Google Cloud deal

Jan 13, 2020

Norway-based seismic data provider TGS has appointed Scott Mitchel, an ex-BP man, as Senior Vice President of Imaging at TGS. TGS has also signed a deal with Google Cloud for cloud-based computing capacity.Mitchell, who has 28 years of experience in the oil and gas industry…

Saipem Contracts Cathie for NnG

Jan 12, 2020

The offshore geoscience and geotechnical engineering consultancy Cathie Group has secured a contract by the Italian oil and gas contractor Saipem to provide geotechnical assistance for the Neart na Gaoithe (NnG) offshore wind project in the UK…

Optimum, Lekoil in OPL310 Survey Ahead of Drilling

Jan 10, 2020

Optimum and Lekoil, partners in the OPL 310 license offshore Nigeria, have kicked off the site survey ahead of the planned drilling expected later this year.'The marine vessel, conducting the site survey, arrived at site location yesterday and…

Equinor, Lundin Tap Shearwater for 4D Surveys

Jan 09, 2020

Norwegian seismic player Shearwater has signed letters of intent with Equinor for three 4D towed streamer projects by Equinor. Apart from the Equinor LoIs, Shearwater has secured 4D Ocean Bottom Seismic (OBS) project with Lundin Norway for the 2020 North Sea summer season…

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