The National Oil Corp. (NOC), the national oil company of Libya, has signed an agreement with ION Geophysical Corp. and North Africa Geophysical Exploration Co. (NAGECO) to acquire 21,000km of 2D seismic data in Libya. Known as LibyaSPAN…
Work will continue this summer and autumn on installing a permanement seismic monitoring system on the Snorre field in the Norwegian sector of the North Sea. A dedicated system, with a seismic streamer, will also be installed on Grane…
Polarcus has opened its first office in Norway. The new office is in the center of Stavanger, and adds to the firm's global network of regional marketing offices in London, Houston, Singapore, Moscow, and Rio de Janeiro. The firm says…
Spectrum has commenced a 10,000 km multi-client 2D seismic survey offshore Brazil in the Sergipe and Alagoas basins along the Eastern Margin of Brazil. The new acquisition program will tie key wells in the basins, including the recent Barra…
Norway's Electromagnetic Geoservices ASA (EMGS) has a contract with North Energy ASA worth US$1.7 million (NOK 10 million) to provide 3D EM data acquisition in the North Sea. The survey was to begin in early May, using the BOA Thalassa…
On Saturday, 10 May 2014, at 2 p.m. local time (10 p.m. Friday EDT), the hybrid remotely operated vehicle Nereus was confirmed lost at 9990m (6.2mi.) depth in the Kermadec Trench northeast of New Zealand. The unmanned vehicle was working…
Decreasing ice cover is currently spurring increased activity in hydrocarbon extraction and shipping in the Arctic. Motivated by the threat of future oil spills in this environmentally sensitive area, Woods Hole Oceanographic Institution…
The first multi-client geohazard ultra-high-resolution 3D seismic survey is about to begin in the US Gulf of Mexico. NCS SubSea Inc., Geotrace Technologies Inc., and SpecPartners Ltd. have announced the start date for a multiphase, large-scale innovative project called SAFE-BAND…
NCS Subsea, GeoTrace and SpecPartners set the start date for a multiphase, large scale project called SAFE-BAND. Acquisition is to begin 1 June 2014. NCS Subsea said it will be the first multi-client geohazard survey on a regional scale utilizing ultra-high resolution 3D seismic (UHR3D)…
RWE Dea and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a joint study agreement to evaluate the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea. The agreement was regarding the joint evaluation…
ION Geophysical Corporation subsidiary GX Technology (GXT) group has been awarded a multi-year contract with Petroleos Mexicanos (PEMEX), the national oil company of Mexico. Under this contract, GXT is providing a broad range of seismic…
In early April, Rosneft and ExxonMobil began aerial gravity-magnetic surveys over offshore blocks in the Yuzhno-Chukotsky licence area in the eastern Russian Arctic to establish the subsurface structure of the field. As part of a framework agreement…
The past five years have demonstrated that there is still plenty of life left on the Gulf of Mexico shelf, with bypassed oil-rich assets in plentiful supply. Exploration and production operators are now focused squarely on the shelf during this time period…
Tullow Oil has announced it plans a 4000km sq 3D seismic acquisition program next year in block 54 offshore Suriname. In January, the company agreed to a production-sharing contract that gave it a 50% operated stake, in partnership with state-owned Staatsolie…
TGS has started new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide high quality data prior to the closing of the 23rd Norwegian Licensing round. The HFCE14 is a 3100sq km 3D multi-client survey…