Geoscience News


Proposed Tidal Energy Array Could Supply 40% of Faroe Islands' Electricity Consumption

Apr 15, 2022

Tidal energy technology developer Minesto this week launched a plan for large-scale build-out of tidal energy arrays in the Faroe Islands.The plan includes four new verified sites that would supply 40% of the nation’s growing electricity consumption…

Greek Recoverable Gas Reserves Seen Topping 600 bcm

Apr 15, 2022

Greece could be sitting on tentative recoverable gas reserves of more than 600 billion cubic meters, a senior executive of its hydrocarbons commission said on Thursday, as Athens accelerates gas exploration to cut its reliance on Russian energy…

Offshore Seismic Firm ION Geophysical Gets OK to Tap Bankruptcy Loan

Apr 15, 2022

Offshore energy technology services company ION Geophysical Corporation on Wednesday secured temporary court approval to access a loan to fund operations during its bankruptcy. U.S. Bankruptcy Judge Marvin Isgur in Houston approved on an interim basis ION's request to tap a $2…

ExxonMobil Working to Store CO2 in Depleted Offshore Fields in Australia's Gippsland Basin

Apr 14, 2022

U.S. oil major said ExxonMobil said Thursday today was undertaking early front-end engineering design studies (pre-FEED) to determine the potential for carbon capture and storage to reduce greenhouse gas emissions from multiple industries in the Gippsland Basin…

Fugro to Conduct Geotechnical Surveys at BP and EnBW Offshore Wind Sites in Irish Sea

Apr 12, 2022

Dutch offshore survey services firm Fugro will provide geotechnical site investigation services for BP's and EnBW's new offshore wind farms, Morgan and Mona, located in the Irish Sea.The two wind farms, which will mark BP's entry into the UK’s offshore wind farm power sector…

Egypt: TGS, Schlumberger in Red Sea 3D Survey

Apr 06, 2022

Norwegian seismic data firm TGS, has announced a new 3D seismic survey in the Red Sea, offshore Egypt, in partnership with the oilfield services giant Schlumberger.This is the second phase of the new acquisition for the two companies in the region and will encompass a minimum of 5…

CCUS: Genesis Wins Northern Endurance Partnership Offshore FEED

Apr 04, 2022

British oil major BP, the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) has awarded Genesis the NEP offshore FEED.In October 2021, the UK government selected the Northern Endurance Partnership’s…

Two 3D Surveys: Shearwater GeoServices Wins First Contract with South Korea's KNOC

Apr 04, 2022

Marine seismic survey firm Shearwater GeoServices has secured deals for two 3D seismic surveys offshore South Korea, together with seismic data processing and imaging by Korea National Oil Corporation (“KNOC”). This is Shearwater’s first contract with KNOC…

Shearwater to Survey Equinor’s Mariner Field

Mar 30, 2022

Offshore seismic services company Shearwater GeoServices announced Wednesday it has been awarded a 4D seismic monitor project at Equinor’s Mariner field in the U.K. North Sea.The one-month project will be executed during the 2022 North Sea summer season…

PXGEO Taps CGG for OBN Seismic Imaging Project in Brazil

Mar 24, 2022

French offshore seismic surveyor CGG has secured a two-part Ocean Bottom Node (OBN) seismic imaging project by PXGEOover the Sapinhoá Shared Reservoir in the Santos Basin offshore Brazil.'The resulting data will bring improved geological insight to the asset operator…

CGG Joins Selkie Project to Boost Marine Energy Industry in Wales and Ireland

Mar 21, 2022

French offshore seismic services firm CGG has partnered with the Selkie Project, a new €5.2m cross-border initiative aiming to boost the marine energy industry in Wales and Ireland.'Selkie is bringing together leading researchers and businesses…

Eidesvik Offshore Nets Bareboat Charter of 'Veritas Viking'

Mar 21, 2022

Norwegian offshore vessel operator Eidesvik Offshore said Friday it had won a contract for its Veritas Viking seismic vessel.The deal, with an undisclosed client, is for a bareboat charter for 100 days with options for extensions. The 93,4 meters long vessel was built in 1998…

dCS, JX NOEX File Bid for Offshore Carbon Capture & Storage Project in Australia

Mar 16, 2022

Australian carbon capture and storage firm deepC Store (dCS) said Wednesday it had with JX Nippon Oil & Gas Exploration Corporation (JX NOEX) submitted a joint bid for a Greenhouse Gas Assessment Permit for a Greenhouse Gas Storage Acreage Release Area in offshore Australia…

'Ultra-high-resolution 3D seismic' - Ocean Floor Geophysics Acquires NCS SubSea

Mar 09, 2022

Offshore survey company Ocean Floor Geophysics, in partnership with the Norwegian seismic player PGS, its largest shareholder, has signed a deal to acquire NCS SubSea, a company that provides ultra-high-resolution 3D seismic data to the oil & gas and new energy markets via its P-Cable system…

PGS' Ramform Titan Seismic Vessel Makes First Ever U.S. Port Call

Mar 07, 2022

The Norwegian seismic survey company PGS' seismic vessel Ramform Titan recently entered Galveston, Texas, marking the first-ever visit of a Titan-class vessel to a U.S. port. The PGS vessel is mobilizing for a 4D survey in the Gulf of Mexico…

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