The global provider of geophysical marine seismic acquisition Shearwater GeoServices has been awarded a seismic acquisition and depth processing contract by Turkish national oil and gas company Türkiye Petrolleri Anonim Ortakligi (TPAO).The…
An oil and gas field offshore Guyana owned by Tullow, Total and Eco Atlantic contains around 3.9 billion barrels of oil equivalent, an upgrade of around a third to a September estimate, Eco said on Monday.The Orinduik Block neighbors an Exxon Mobil field which…
The marine geophysical company Petroleum Geo-Services (PGS) has announced new large-scale 2D multiclient project. This PGS regional-scale 2D GeoStreamer seismic survey will stretch 11 000 km, from the Namibian border to Cape Agulhas, covering large…
Oslo based offshore seismic services provider Magseis Fairfield said on Friday that it has received a contingent letter of award (LOA) for a three months data acquisition program for an unnamed client in the Gulf of Mexico.The survey is scheduled to begin in the third quarter of 2019…
Norway plans to expand the offshore oil and gas acreage offered to companies under its annual licensing round in so-called predefined areas (APA), oil minister Kjell-Boerge Freiberg said on Thursday.The 2019 APA round will offer 90 new blocks…
Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil.Emerson, a global engineering and technology company, will…
SeaBird Exploration announced Tuesday that its contract for the Eagle Explorer with CGG has been extended by approximately 80 days for another survey in Northern Europe. The contract is now firm until August 15, 2019, with further options for CGG to extend with up to 60 days…
Electromagnetic Geoservices (EMGS) said it has entered into final contracts with Equinor for a range of seismic data across the Norwegian continental shelf.The final deal includes both licensing of Barents Sea, Norwegian Sea and North Sea data from EMGS’s existing multi-client library…
Norwegian oil and gas company Aker BP is switching emphasis from M&A towards exploration, taking a potentially riskier path to increase its resources after years when it has relied on acquisitions to add the bulk of its new barrels.The company…
Searcher Seismic, in cooperation with BGP, has completed the acquisition of the Triok broadband non-exclusive 2D seismic survey in the Northern Basins of Papua New Guinea.Following the acquisition of the Solomon Sea non-exclusive 2D in the northern basins of Papua New Guinea…
The Brazilian government will offer in an auction in October production sharing contracts for companies to explore areas that it says hold 'significant volumes of oil and gas', the country's energy council CNPE said on Thursday.After a meeting in Brasilia…
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…
Cabled subsea instrumentation will help increase the accuracy of time-lapse seismic data for Norwegian energy firm Equinor at the giant Johan Sverdrup oil field in the North Sea, about 87 miles west of Stavanger, Norway.From first production at the development…
Norwegian offshore survey specialist Shearwater GeoServices has been awarded three 4D seismic surveys by Equinor to be conducted this summer.The Geoservices company said in a press release that the projects confirm Shearwater’s Isometrix crews will be active in 2019…
Dutch deep-sea prospector Fugro reported on Monday a 19.2 percent rise in full-year 2018 revenue to 1.65 billion euros ($1.87 billion), helped by growth across all divisions.The company met its 2018 revenue and EBIT (earnings before interest and tax) margin targets…