Andrew McBarnet assesses the state of the marine seismic business and where it is going in 2013.Rarely, if ever, can the marine seismic business have been so busy in so many places around the world. Demand for surveys is nearly at an almost all-time high…
Australian firm locates light oil off Brazil Click to view largerKaroon Gas Australia has encountered light oil at the Kangaroo-1 exploration well on Block S-M-1101 in the Santos Basin off Brazil, partner Pacific Rubiales announced on 25 January 2013…
Survey reveals new oil prospect off Ireland Click to view largerProvidence Resources P.l.c. has provided an update on its 100% owned and operated licences P1885 and PL 5/10 in the Rathlin Basin, offshore Northern Ireland. In 2012, Providence…
TGS commences 3D data acquisition off LiberiaPolarcus Asima vesselTGS has commenced acquisition of a 3D multi-client survey, Sunfish, which covers up to 7,800 km2 of highly prospective acreage in the Harper Basin, offshore Liberia.…
EMGS wins contract for 3D EM data acquisitionBOA Thalassa vesselEMGS has received a Letter of Intent for a contract totaling approximately six months of 3D EM data acquisition in Asia. Final confirmation and award of the program is dependent on the customer's internal Tender Board approval…
Reef Subsea will install a full seismic system at Grane in an effort to increase oil recovery at the field, located 185km off Haugesund, Norway. The contract includes the installation and burial of nearly 200km of seismic cables. The contract…
Shawn Rice and Joe Gagliardi (center) accepted the award for ION. Presenting the award are OTC Board of Directors Chairman Steve Balint (left), Shell, and OTC Board of Directors member Joe Fowler (right).Igor Kolesnikov and Svetlana Kamaeva (center) accept the award for Transkor…
The challenges of drilling in the Arctic have become so multifaceted it’s hard to know what position folks line up behind. If it were just the usual environmentalist vs oil companies – and that fight is perennial to be sure – things would be clearer…
Andrew McBarnetIf there was such a thing as an annual horoscope for the marine seismic and related geophysical businesses, then in the coming year we can expect at least some improvement on 2012. In other words, unless there is some totally unexpected destabilizing economic…
Andrew McBarnet finds an optimistic atmosphere at the recent SEG annual international meeting in Las Vegas.Judging from the mood of the crowd at last month’s SEG Annual International Meeting, the marine seismic business is in a good space…
Ocean Power Technologies has received US government approval for a planned 1.5MW wave power station off the coast of Oregon. The licence is the first to be issued by the US Federal Energy Regulatory Commission for wave power. OPT's plan calls for ten of its PowerBuoy units to be installed 2…
Figure 1.Figure 2.Figure 3.Figure 4.Figure 5.The use of high resolution sonar in project planning for subsea applications is discussed in this article by Kongsberg Maritime subsea acoustics specialist Ian Florence and senior subsea engineer Craig Wallace…
EMGS has signed a US$12 million data acquisition contract extension with Brazil’s Petrobras. Data acquisition is underway and should be completed by the end of this month.
Photo: ExproMinorities to fill 35% of energy jobs by 2030API President and CEO Jack Gerard released a new report by IHS Global Insight showing the oil and natural gas industry is in a strong position to expand its workforce with minority employees…
The need for enhanced redundancy and proper deck arrangements to ensure continuous operation of seismic vessels without loss of speed is the backbone of new technical requirements developed by DNV in consultation with key industry players such as WesternGeco…