With a weak start of the year for CGG, the French seismic company will reduce its fleet by another three vessels by the end of Q1, as its revenue dropped 32% from 2014. The Oceanic Vega. Image from CGG…
Japanese exploration outfit Japan Oil, Gas and Metals National Corp. (JOGMEC) has been given more time to explore offshore the Seychelles, in the Indian Ocean offshore east Africa. The firm has signed an extension to its joint survey…
Statoil has outlined its six Licensing Options offered in Ireland’s 2015 Atlantic Margin Licensing Round. Statoil is set to be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil. The…
Henrique Paula, of ABS, explains how data analytics can be used to improve safety, environmental protection, operational efficiency, and profitability in emerging energy markets such as Mexico. One of the most promising and legitimate…
Heather Saucier examines the potential of deepwater plays to be auctioned in Mexico’s next offshore round, including the most prized area in the Perdido Fold Belt. Shell’s deepwater Perdido spar in the US Gulf of Mexico…
Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
The government of Sri Lanka gas signed a joint study agreement (JSA) with French major Total covering two ultra-deep exploration blocks offshore its east coast. The study's objective is to explore the two offshore blocks (JS5 and JS6) for hydrocarbons…
New Zealand Petroleum & Minerals, the government's petroleum permitting agency, has released its 2016 Petroleum Exploration Data Pack. This year’s data pack adds a number of new projects to the comprehensive compilation of open-file seismic and well data…
PGS will conduct an 8200sq km survey of the Nordland Ridge area of the Norwegian Sea commencing early May, to be completed in 2016. A Base Cretaceous horizon from the Norwegian Sea showing the location of the new GeoStreamer survey…
Fugro has won a contract to provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Under the contract awarded by Technip, Fugro will provide offshore deepwater survey and positioning services to…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) authorized CGG to commence a multi-client airborne gravity and magnetic survey offshore Mexico, which will include the acquisition of approximately 200,000km over six areas across the Mexican Gulf of Mexico…
Chariot Oil & Gas completed its 3D seismic survey in Blocks 2312 & 2412A offshore Namibia, in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%). The survey comprised approximately 2600sq km of data and was conducted by PGS Exploration…
PGS is to start a 8200sq km survey of the Nordland Ridge area of the Norwegian Sea, starting May and to be completed during 2016. The survey is a prefunded GeoStreamer project and extends the existing PGS library coverage of the Halten Terrace to provide a regional dataset of over 29…
Statoil has reached a deal with Austria's OMV to acquire a 30% interest in an exploration permit offshore New Zealand, increasing the Norwegian oil major's interests in the region. Petroleum Exploration Permit (PEP) 57073 covers 9800sq km in the East Coast Basin…
Norway-based seismic firm Magseis has, together with its partner BGP, has been awarded Saudi Aramco’s S78 project for large-scale ocean bottom seismic acquisition in the Red Sea. The project is expected to last nine months plus one year…