Offshore Geoscience News - page 8


S. Africa Court Stymies Shell Offshore Seismic Survey

Dec 28, 2021

A South African high court today blocked Shell from conducting seismic testing offshore from South Africa's pristine Wild Coast, in the latest ruling in a case seeking to prevent the oil major from exploring for oil and gas.On Dec. 3 a different…

ION Geophysical Gets NYSE Listing Warning

Dec 24, 2021

Marine seismic data provider ION Geophysical has received a notice from the New York Stock Exchange informing it that the company is not in compliance with the continued listing standards.ION is considered below criteria established by the NYSE…

New Revenue Stream: PGS Signs Data Management as a Service Deal

Dec 22, 2021

PGS, a Norwegian marine seismic data acquisition and processing firm, has this week said it has signed a multi-year Data Management as a Service (DMaaS) agreement for multi-client seismic with an unnamed 'major customer.'Under this agreement…

Vår Energi, Partners Team Up to Reduce Environmental Impact of Seismic Surveys

Dec 16, 2021

Vår Energi, the largest independent upstream oil and gas company on the Norwegian continental shelf, has said it has entered a joint industry project to develop a more environmentally friendly method for seismic data collection.'Seismic data…

Carbon Transition Sells More Utsira Multi-Client Library Data

Dec 14, 2021

Oslo-listed firm Carbon Transition has entered into a new $2 million multi-client seismic data licensing contract with an undisclosed customer. 'Under the contract, the customer will license certain data from Carbon Transition’s Utsira multi-client library in Norway…

SeaBird Gets Termination Notice for OBN Source Vessel Contract

Dec 13, 2021

Marine seismic firm SeaBird Exploration, a subsidiary of seabed minerals-focused Green Energy Group, said Friday it had received notice of termination regarding work for the Fulmar Explorer vessel.SeaBird in October said it had entered into…

PGS Secures 3D Survey Deal in W. Africa

Dec 13, 2021

Norwegian seismic data firm PGS has said it has secured awarded a 3D exploration contract in West Africa.A Ramform Titan-class vessel is scheduled to start the survey work in early February 2022 and will complete it in mid-March. 'We are very pleased with this contract award…

Fugro's Survey Vessel to Run on Methanol as Part of Dutch Push to Lower Emissions in Shipping

Dec 10, 2021

A Fugro-led consortium has secured a grant from Dutch Government’s Netherlands Enterprise Agency for the development of methanol as a low-carbon shipping fuel.The MENENS (Methanol as Energy Step Towards Emission-free Dutch Shipping) consortium has 22 partners…

SEA-KIT to Expand Fleet with New 12m USV

Dec 09, 2021

Uncrewed surface vessel specialist SEA-KIT International has announced plans to build another of its X-class, 12m USVs as a fleet vessel for launch in 2022.  This build, the sixth X-class to be constructed at the company’s Essex base, will pave…

Reach Subsea Acquires OCTIO from Equinor

Dec 08, 2021

Reach Subsea has agreed to buy OCTIO AS, a provider of monitoring solutions for oil and gas producing fields and CO2 storage reservoirs, from Equinor Ventures.OCTIO performs the geophysical studies that lead to overall monitoring strategies…

Carbon Transition Names Interim CEO

Dec 06, 2021

Oslo-listed company Carbon Transition has appointed Nils Haugestad as interim CEO as of December 6, 2021. Haugestad will also remain in his position as CFO of the company.Haugestad has been with the company since April 2020, having joined from…

S. Africans Protest against Shell's Offshore Oil Exploration

Dec 06, 2021

South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seismic oil exploration they say will threaten marine wildlife such as whales, dolphins, seals, and penguins on a pristine coastal stretch.A South…

Carbon Transition in Utsira Multi-Client Seismic Data Deal

Dec 03, 2021

Oslo-listed firm Carbon Transition said Friday it had entered into a new multi-client seismic data licensing contract with an undisclosed customer.'Under the contract, the customer will license certain data from Carbon Transition’s Utsira multi…

'Repeat Customer' Taps Magseis Fairfield for Gulf of Mexico OBN Survey

Dec 03, 2021

Oslo-listed ocean bottom node seismic specialist Magseis Fairfield said Friday it had won a 4D Ocean Bottom Node (OBN) survey contract in the Gulf of Mexico from a repeat customer. It did not say who the client was.The survey will be conducted with Magseis Fairfield’s ZXPLR technology…

Shell Wins Court Case to Kick Off Seismic Surveys Offshore South Africa

Dec 03, 2021

A South African high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell from starting seismic surveys to explore for petroleum systems off the eastern seaboard's popular Wild Coast…

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