Maxlimer, a 12-meter uncrewed surface vessel (USV) owned by SEA-KIT returned to Plymouth, England on Friday after 22 days of remote survey operations on Europe’s continental margin.The project has been dubbed a major achievement for the British…
President Tayyip Erdogan warned Greece on Friday that Turkey will retaliate against any attack on its survey vessel Oruc Reis in the eastern Mediterranean in an escalating row between the NATO allies over gas and oil exploration in the region…
A Greek and a Turkish warship were involved in a mini-collision on Wednesday during a standoff in the eastern Mediterranean, a Greek defense source said, describing it as an 'accident'.Tensions have risen this week after Turkey sent a survey vessel to the region…
Norwegian oil and gas seismic data supplier TGS is disappointed with the decision by rival company PGS to reject its $600 million offer for its multi-client library.TGS had earlier this month offered to acquire PGS' multi-client data for $600 million…
Norwegian offshore seismic surveyor PGS has rejected a $600 million offer to sell its multi-client library to compatriot and rival TGS, deeming it opportunistic, given the dire situation for seismic data companies caused by low oil prices.In an unsolicited…
President Tayyip Erdogan said on Thursday that the only solution to Turkey's dispute with Greece over energy exploration in the eastern Mediterranean was through dialogue and negotiation, and Ankara was not seeking any 'adventures' in the region…
The CrossWind consortium, a Shell-Eneco JV, which recently won a tender to develop the Hollandse Kust (noord) offshore wind farm in the Netherlands, has tapped Fugro for site survey work.As part of the contract, Fugro will deliver a comprehensive…
France will increase its military presence in the eastern Mediterranean, President Emmanuel Macron said on Wednesday, calling on Turkey to halt oil and gas exploration in disputed waters that has heightened tensions with Greece.The French leader…
Turkey dispatched a vessel to conduct a seismic survey in a disputed area in the eastern Mediterranean, a move which Greece said was illegal and is likely to heighten tensions between the two NATO allies.The advisory issued by the Turkish navy…
Seismic surveyor TGS's unsolicited cash offer of $600 million for part of rival PGS sent its shares up as much as 67% in early trading on Friday.TGS said its offer, announced late on Thursday, for PGS's so-called multi-client library would significantly…
Oslo-listed seismic surveyor Axxis Geo Solutions has appointed Ronny Bøhn as CEO with effect from August 10, 2020. Bøhn has more than 20 years of experience from the seismic industry and has held management positions as vice president of marine operations at CGG and as COO at April AS…
Zupt, LLC, based in Houston, Texas has recently completed their 15th unmanned survey service in which there were absolutely no survey personnel mobilized offshore – only our standard survey equipment and a “communications rack” that allows for serial…
Seismic surveyor TGS, a supplier of geological data to the global oil industry, on Thursday said it had made an unsolicited cash offer of $600 million for a key part of rival PGS.If successful, the offer to buy PGS's so-called multi-client library…
Oil and gas seismic data company CGG announced has entered into a Sale and Purchase Agreement (SPA) with Xcalibur Group for the sale of CGG’s Multi-Physics business.Under the agreement, France-based CGG will sell is entire Multi-Physics business…
Norwegian seismic data provider TGS on Friday announced a return to Argentina to complete the previously announced 17,800 square kilometer Malvinas 3D Multi-Client survey. The acquisition is set to restart in Q4 2020 on what TGS said was a 'highly- funded survey…
