Electromagnetic Geoservices ASA (EMGS) received a Letter of Intent (LOI) for an extension to the ongoing USD $35 million contract in Asia. The value of the contract extension is at least USD $15 million, which brings the total contract value to a minimum of USD $50 million…
The BOA Galatea will today complete the multi-client program in the Ceara area in northern Brazil. BOA Galatea (Photo: EMGS)The vessel will immediately after a scheduled port call mobilise for a multi-client program covering approximately 8000…
News from the North Sea from Bridge Energy, Faroe Petroleum, Lundin Petroleum and E.ON.Transocean Arctic will drill the Amol prospect (Image: Petroleum Safety Authority of Norway)Bridge EnergyJunior North Sea explorer Bridge Energy has said…
EMGS wins contract for 3D EM data acquisitionBOA Thalassa vesselEMGS has received a Letter of Intent for a contract totaling approximately six months of 3D EM data acquisition in Asia. Final confirmation and award of the program is dependent on the customer's internal Tender Board approval…
Andrew McBarnet joins in a 10th birthday party.It is not entirely coincidental that the current market optimism discernible in the marine seismic community extends to the offshore electromagnetic (EM) survey business. The two technology applications…
Offshore rig and vessel repair continues to produce attractive returns for yards that are well placed strategically and geographically. OE checks out the latest developments at two players – one in Bahrain, the other in Gibraltar – still relatively…
Some new twists and turns have been added to the well chronicled travails of companies fighting an uphill battle to establish the use of marine controlled source electromagnetic (CSEM) technology for offshore hydrocarbon detection.Careful reading…
The world's largest deepwater well intervention ship recently set sail from Norway, bound for its first offshore contract. Before it left port, Terry Knott visited the newbuild Skandi Aker to find out what makes this vessel stand out from the pack…
Andrew McBarnet provides a commentary on seismic matters at the EAGE's Annual Meeting held in Barcelona last month.The European Association of Geoscientists & Engineers (EAGE) can rarely be faulted for its choice of venue for its annual meetings…