A letter of award has been announced and signed by Electromagnetic Geoservices (EMGS), worth approximately US$15.3 million, with a repeat customer in India. The survey, which is located off the eastern coast of India, is expected to start in early January 2016 by the vessel BOA Thalassa…
French geoscience firm CGG is to cut 950 jobs, or 13% of its staff, and reduce its vessel fleet amid the ongoing, prolonged oil price drop. CGG has already been implementing a fleet reduction program, since announcing its “Transformation Plan” at the end of 2013…
Image: PNG seismic/ Searcher Seismic Searcher Seismic has announced the Haere 2D Seismic Survey offshore Papua New Guinea (PNG). The survey, in cooperation with the Department of Petroleum and Energy (DPE) and project partner BGP…
A UK Government funded project to acquire new seismic data over underexplored areas of the North Sea in a bid to boost exploration in the basin has completed. The £20 million program saw WesternGeco acquire 20,000km of new 2D seismic shot over 200…
CGG announced that it has been appointed as technical consultant by the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons to help with the promotion of its 11th Licensing Round focusing on five highly prospective deepwater blocks…
The geoscience segment of the offshore oil and gas industry was first to be hit, when oil prices took a nose dive from 2H last year. Results from two of the main geoscience players this morning confirm a broad industry outlook that the pain is set to continue well into 2016…
CGG received all necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas basin in the Equatorial Margin of northern Brazil in early November. Oceanic Vega…
Landmark, a Halliburton business line and provider of software for the upstream oil and gas industry, and French geoscience firm CGG, today announced a geosciences technology collaboration. The collaboration will allow shared customers…
CGG GeoSoftware has announced new releases to its application suites: Jason 9.0, Hampson-Russell 10.0 and Insight Earth 3.0. Jason 9.0 has a new anisotropic inversion tool for analyzing anisotropy for effective well design and optimum production…
Image: Geoff Dorn/CGG Geoff Dorn, senior advisor, seismic interpretation technology, and product development manager, Insight Earth, CGG GeoSoftware, has been distinguished with the Society…
AziLat Ltd. announced that it has entered into a transaction with OGX Petróleo e Gás S.A., to acquire OGX’s full interest in two blocks, offshore Brazil. The blocks are located in the Ceará basin and the Potiguar basin in the equatorial…
TGS announced that it has acquired 46,500km (25%) of the 186,000km 2D seismic project, Gigante. The survey is being acquired with four Seabird vessels and the fifth vessel, m/v Aquila, will join the survey in early November. Gigante…
Australia’s National Offshore Titles Authority (NOPTA) granted Bass Strait Oil Co. a 12-month suspension and extension for the work program and permit term or its 100% owned and operated VIC/P68 permit offshore Australia. Map of Vic/P68…
Fugro Scout, the new 83m geotechnical drilling vessel, has completed its maiden project in the Middle East. Since its maiden project in the Persian Gulf it has been successfully deployed in the Arabian Sea and the Red Sea, completing several…
Resource assessments of the 2015 license round area for offshore Newfoundland and Labrador shows the potential to hold 12 billion bbl and 113 Tcf of gas in place, according to the Government of Newfoundland and Labrador, Nalcor Energy and Beicip-Franlab…
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