Offshore Geophysics News - page 7


Exxon Resumes Seismic Survey in Guyana

Feb 27, 2019

Exxon Mobil Corp has resumed seismic exploration for oil and gas off of the coast of Guyana after halting work in December due to a run-in with the Venezuelan navy, a Guyanese government official said on Tuesday.Vessels have been able to travel unimpeded since the incident…

Boskalis Buys UAE's Horizon Group

Feb 22, 2019

Dutch marine contractor Royal Boskalis Westminster has acquired a 62.5% majority stake in the UAE's Horizon Group to expand its surveying capabilities.According to press statement, the remaining 37.5% of the shares will be held by the incumbent management…

Shearwater, TGS Team-up for Brazilian Survey

Feb 22, 2019

Offshore survey specialist Shearwater GeoServices has been awarded a major exploration survey in Brazil by TGS, the provider of multi-client geoscience data to oil and gas exploration and production companies worldwide.The project will be executed…

SMC, Total in New Framework Deal

Feb 12, 2019

UK-based provider of consultancy, health & safety advisory, workforce solutions and software services Specialist Marine Consultants (SMC) has won a framework agreement from Total to provide geophysical acquisition supervision.SMC said that the…

Seabed Acquisition Seeing Healthier Spend

Feb 08, 2019

The seismic market is rebounding in fits and starts from its low point a year ago, and seabed acquisition is seeing a healthier spend than towed streamer acquisition, according to ION.“The seabed acquisition business was growing well before the downturn…

TGS Offers Higher-than-expected Dividend

Feb 07, 2019

TGS, a provider of seismic data for the oil industry, proposed on Thursday a higher-than-expected dividend despite lower-than-expected profits in the fourth quarter and said demand from oil companies would continue picking up this year.Seismic…

Seismic Uptick Suggests New Wave of Recovery

Feb 05, 2019

Amid mixed reports on the health of the offshore supply chain, the underreported seismic services segment — a bellwether of eventual market growth or decline — is showing signs that another wave of market recovery is just a year away.Oslo-based…

Polarcus Wins 3D Seismic Project Off Mexico

Jan 24, 2019

UAE-based marine geophysical company Polarcus announced Thursday it has been awarded a 3D marine seismic acquisition project offshore Mexico for an unnamed customer.Polarcus said the project duration is approximately 45-days and is scheduled to commence in the second quarter of 2019.

BP Goes Global with Seismic Tech

Jan 18, 2019

Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil.The software used in the Gulf, based on an algorithm created by Xukai Shen…

Ocean Infinity to Conduct AUV Surveys for Petrobras

Jan 16, 2019

U.S. based seabed survey and ocean exploration company Ocean Infinity announced Wednesday that its Brazilian partner has been awarded a contract to provide high-resolution hydrographic mapping services to Brazilian national oil company Petrobras…

PGS Updates on Seismic Acquisition Contract in South America

Jan 07, 2019

Norwegian seismic player Petroleum Geo-Services ASA (PGS) updated on changes of the contract for the 3D survey in South America announced November 14, 2018.The vessels Ramform Atlas and Ramform Tethys mobilized early December 2018 for this survey…

SeaBird Wins 2D Survey in the Americas

Jan 07, 2019

Cyprus based marine seismic player SeaBird Exploration said it has been awarded a contract to acquire 2D seismic data for an international oil and gas company in the Americas region.The survey is due to commence during the second quarter of 2019 and is estimated to run for approximately two months…

EMGS Vessel Utilisation Stands at 32% in 4Q

Jan 06, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…

Polarcus Awarded Middle East Project

Dec 27, 2018

Marine geophysical firm Polarcus Limited announced it has won a contract from Dubai Petroleum Establishment for a combined towed streamer and ocean bottom node (OBN) 3D seismic acquisition and processing project in the Middle East.The project…

Polarcus Wins 4D Project in the Far East

Dec 24, 2018

Marine geophysical company Polarcus Limited announced Monday that its subsidiaries have entered into a memorandum of agreement with Sovcomflot GEO (SCF GEO), to provide 4D marine seismic acquisition services in the Far East for a major exploration and production company…

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