French seismic data firm CGG said Monday that its Sensing & Monitoring division Sercel had completed the acquisition of ION Geophysical Corporation’s (“ION”) software business.ION's software business includes Orca: a navigation system dedicated to streamers…
Seismic data companies TGS and CGG said this week they were successful in their respective bids in the auction process conducted in relation to their rival's ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United…
ION Geophysical has completed the reprocessing and reimaging of approximately 19,100 km² of 3D seismic data offshore West Africa for its Mauritania 3D reprocessing program. The multi-client program was undertaken through an exclusive agreement with the Ministry of Petroleum…
Offshore seismic data company ION Geophysical has completed reprocessing of the prestack time and depth imaging of over 62,000 km of legacy data acquired from the National Hydrocarbon Agency of Colombia (ANH) for its Colombia Caribe 2D reprocessing program…
Offshore seismic services and technology company ION Geophysical has won a five-year contract with Brunei Shell Petroleum Co. (BSP), a joint venture between the Government of Brunei and Shell, for a digital solution to manage marine logistics…
Offshore energy technology services company ION Geophysical Corporation on Wednesday secured temporary court approval to access a loan to fund operations during its bankruptcy. U.S. Bankruptcy Judge Marvin Isgur in Houston approved on an interim basis ION's request to tap a $2…
Shearwater GeoServices has signed 'a significant' licensing contract for its Shearwater Reveal geophysical software with Petrobras. The agreement includes the provision of associated training and support services.Under the agreement, Petrobras’…
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…
North Sea-focused oil and gas firm Deltic Energy has informed that the 3D seismic survey over offshore Licence P2428 and surrounding areas in the UK North Sea has now been completed. Deltic said the data from the survey would be key to de-risking future drilling on the license…
Cairn Energy, soon to be renamed Capricorn Energy, has farmed into five Deltic Energy's gas licenses in the Southern North Sea, off the UK.The two companies first announced the farm-out deal in August 2021, and have now received the necessary…
Vessel utilization in the offshore oil and gas seismic data acquisition sector has reached pre-pandemic levels in the third quarter of 2021, Rystad Energy has found.Rystad, a Norway-based energy industry intelligence firm, said that, after several devastating quarters caused by the pandemic…
UK-based oil and gas firm Deltic Energy has informed that a 3D seismic survey is set to start started at its Licence P2428 and surrounding areas in the UK Southern North Sea.Deltic last month said that Cairn had agreed to acquire a 60% interest…
Marine seismic data firm ION Geophysical has announced the third phase of its Mid North Sea High 3D seismic data acquisition multi-client program.'The Mid North Sea High program covers one of the few remaining underexplored areas offshore the UK…
Offshore seismic surveyor Shearwater GeoServices has kicked off the second phase of ION Geophysical’s 11,000 sqkm UK Mid North Sea High 3D seismic survey program using the Oceanic Vega vessel.'The Mid North Sea High’s proximity to shore and…
