Seeking to cope with changing seismic market fundamentals, marine geophysical firm Petroleum Geo-Services (PGS) will centralize and streamline its operations, resulting in a reduction in its executive management team. PGS' Ramform Tethys…
A new US$1.32 million (£1 million) research and development project focussed on cost reduction, increased efficiency and value add for the oil and gas sector has received backing from government agency Scottish Enterprise. US firm ION Geophysical subsidiary…
FairfieldNodal is to start a large Z700 acquisition project offshore Trinidad in late October 2017. FairfieldNodal’s Z700 data acquisition system uses Z700 ocean bottom nodes, which are placed on the seafloor to carry out surveys. Fairfield says the Z700 system is easily deployed…
Spectrum Geoscience has started the Ceara Basin 2D multi-client seismic survey in the Equatorial Margins of northern offshore Brazil. The area contains sectors of the 15th licensing round, which is expected to close in Q2 2018. Data is being acquired with a 12…
Norwegian seismic services company Magseis has awarded subsea technology manufacturer Sonardyne International UK a contract for seabed node acoustic positioning technology to support an expansion in its deepwater survey activities. SST 6…
ION Geophysical announced an approximate 50% extension to its previously announced program offshore Panama due to strong client interest and prefunding to evaluate offshore Panama in advance of the anticipated license round. The client…
CGG has successfully completed acquisition of the first-ever full-scale commercial survey using TopSeis, its latest offshore broadband seismic acquisition and imaging solution. The inaugural TopSeis survey was commissioned by Lundin Norway…
A healthy geophysical industry will be needed to enable exploration and production (E&P) companies to find not only unconventional hydrocarbons, but deepwater and conventional oil and gas as well, said Stephen Greenlee, president of ExxonMobil Exploration Co…
CGG has completed ahead of schedule an 11,500sq km wide-azimuth (WAZ) survey on behalf of Pemex in the deepwater Perdido area. This new survey has been acquired perpendicularly to existing WAZ data and the combined Imaging of this first…
Searcher Seismic has announced entry into Argentina with four new multi-client projects. Commencing in phases, the first phase comprises of an Offshore Basin Analysis Report providing a regional framework to understand the offshore basins of Argentina…
Norwegian seismic equipment supplier inApril has completed a full-scale sea trial of its node-based seabed seismic acquisition system Venator from 17-23 August. InApril says Venator is the first seabed-based exploration tool to provide…
Empyrean Energy has encountered a new prospect, Pearl, offshore China, following recently acquired 3D seismic in the area. Map from Empyrean. The company finalized the preliminary…
CGG has signed a multi-client data agreement with Mozambique’s Instituto Nacional de Petroleo (INP) covering up to 40,000sq km of 3D data over the Beira High in the Zambezi Delta, over blocks Z5-C and Z5-D and surrounding open acreage. Deliverables will include fast-track PreSTM…
The oil and gas industry has the data and the drive to pursue digital technology, but lacks a coherent strategy to fully digitalize its operations. Karen Boman reports from Halliburton's Landmark Innovation Forum and Expo (LIFE) in Houston…
Schlumberger’s WesternGeco has completed a hybrid seismic acquisition survey using their newly deployed multipurpose vessel (MPV)—a first in the industry, the company says. WG Vespucci. Image from Ultstein…