Latest News - page 1707


SeaBird Bags OBN Project in AsiaPac

Sep 17, 2019

SeaBird Exploration, a global provider of 2D, source and shallow water 2D/3D seismic services, has received a letter of award to provide a source vessel for an upcoming ocean bottom node (OBN)  project in the Asia Pacific region.The project…

Shearwater Wins 1st Project in S. America

Sep 17, 2019

Norway-based provider of marine geophysical services, Shearwater GeoServices has been awarded a 3D Isometrix seismic survey by Colombia’s Ecopetrol.It will be Shearwater’s first Isometrix survey in Latin America with marine acquisition starting in Q4 2019…

Cooper Awarded Otway Basin Exploration Permit

Sep 17, 2019

Cooper Energy said it has been awarded the offshore exploration permit VIC/P76 located in the Otway Basin, offshore Victoria.VIC/P76 comprises an area of 162 square kilometers in water depths ranging from 60 meters to 70 meters. Commercial gas discoveries surround the permit…

PGS Selects Google Cloud

Sep 17, 2019

Marine seismic surveyor PGS announced it has selected Google as its preferred cloud provider.By harnessing Google’s cloud-based technologies and incorporating artificial intelligence and machine learning capabilities into workflows, PGS will increase flexibility…

Deep Down Taps Simmons as COO

Sep 17, 2019

Offshore equipment and services company Deep Down said it has appointed Micah Simmons as Chief Operating Officer, a new role at the company. Simmons' appointment is part of a broader management realignment effort initiated last month, which…

Campeche Survey Underway

Sep 17, 2019

A new 5,080-square-kilometer wide-azimuth (WAZ) multiclient survey has commenced in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery…

P-68 FPSO Ready for Deployment

Sep 17, 2019

The newbuild P-68 floating production, storage and offloading vessel (FPSO) has left the shipyard and will be deployed to the ultra-deepwater Berbigão and Sururu fields in Brazil’s Santos Basin, builder Sembcorp Marine announced.The vessel was…

Baltim South West Gas Field Starts Production

Sep 17, 2019

Egypt's Baltim South West offshore gas field backed by BP and Eni has started production of 100 million cubic feet of gas a day, the oil ministry said on Tuesday.Output will rise to 500 million cubic feet of gas by the second quarter of 2020 when five wells are expected to be online…

Saudi Aramco Pursues IPO Planning Despite Attack

Sep 17, 2019

Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now meet its timeline as it has not said when oil output will be restored after attacks on its facilitiesReuters has reported it could take months for Aramco…

Schlumberger, Chevron and Microsoft Partner

Sep 17, 2019

Oilfield services company Schlumberger said it has formed a partnership with supermajor Chevron and technology giant Microsoft to accelerate creation of innovative petrotechnical and digital technologies. The firms say they will work together…

Equinor Finds Gas in the Norwegian Sea

Sep 17, 2019

Norway's Equinor has discovered a gas field in its Eagle prospect in the Norwegian Sea, the energy company said on Tuesday, adding that it plans to extract resources via existing platforms in the areaThe company discovered the gas field along with Norwegian partners Aker BP and Wellesley Petroleum…

FPSO & IPO: Growth of an Operator

Sep 17, 2019

As war gives oil a jolt, BW Offshore — which earned revenues of $870 million in 2018 — is readying floating production storage and offloading vessel (FPSO) candidates for Brazil and the North Sea, just as its about-to-be-strengthened other half…

Utgard Comes on Stream

Sep 17, 2019

Norwegian energy company Equinor said it has started production from the Utgard gas and condensate field, spanning the Norwegian-UK border in the North Sea. Recoverable resources are estimated at around 40 million barrels of oil equivalent (boe) and daily production on plateau will be around 43…

Big Data, Security & Remote Ops

Sep 17, 2019

Offshore oil and gas is among the many industries in the midst of a vast technological shift being driven by rapid advances in new digital technologies and methodologies. Big data, artificial intelligence (AI), digitalization . . . The list goes on and on…

Transborders Joins Forces with Osaka Gas

Sep 17, 2019

Perth-based Transborders Energy has signed a memorandum of understanding (MoU) for collaboration with Japan's Osaka Gas.The  MOU will facilitate information and knowledge sharing for both companies to evaluate projects that could commercialize…

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