Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement worth USD 6.4 million for the provision of 3D controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data from EMGS's multi-client data library in the Norwegian Sea…
Apache Corp. announced that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 b/d. Apache holds a 100% working interest in the Tonto Field…
The 45th annual Offshore Technology Conference (OTC) in Houston places the spotlight on the latest technological advances plus industry stars such as new head of BP Upstream Lamar McKay and PEMEX’s E&P director Carlos Morales-Gil. OTC returns to Houston’s Reliant Park complex May 6-9…
With 70m broad stern, Petroleum GeoServices' (PGS) new Ramform Titan holds the honor of being the widest streamer vessel, capable of towing 24 streamers. Before the Ramford Titan, there was the 22 streamer Ramford Sovereign. Unveiled in 2008…
Knowledge Reservoir, a leading global energy consulting company, announced today its acquisition by RPS Group plc (RPS).RPS is a global, multi-disciplinary consultancy providing advice upon the exploration and production of oil and gas and other natural resources…
BP discusses its latest effort: exploring the Great Australian Bight. The deepwater frontier area covers 24,000 sq km, located 300km offshore in water depths up to 5,000m. The supermajor says the hydrocarbon potential of the area has never been thoroughly tested…
CGG announced today that its new fleet, with the addition of four high-end vessels from its recent acquisition of Fugro Geoscience, set two new industry records that highlight the strength of its marine capabilities. Firstly, through…
South Australia's Beach Energy Ltd. discussed the results of its 2012 inland offshore exploration program in western Tanzania in an investor presentation last month. Wholly owned subsidiary Beach Petroleum (Tanzania) Ltd. holds 100% interest…
TGS announced it will charter the 12-streamer Polarcus Asima for a six-month period. TGS will utilize the ship during an acquisition of a 3D multi-client survey covering 7800km 2 of the Sunfish acre age in Harper Basin, off Liberia. TGS will…
Rune Eng, president and CEO, provides the answers to why Spectrum is emerging as a key player in the market for multiclient marine seismic surveys and where the company is heading with its business. Before joining Spectrum in 2010 Rune…
PGS kick-started the broadband revolution in 2007 when they found an engineering solution to the long-cherished industry ambition of towing collocated pressure and particle velocity sensors in a streamer. Thus, the receiver ghost effects can be completely removed…
Andrew McBarnet points to the signs that indicate previous enthusiasm for gas hydrate research in the US may be running out of steam. The announcement last month of significant progress in a key gas hydrates research project offshore…
WPG Group initiated the acquisition of 2D and 3D surveys last month in Ecuador’s transition and shallow water zones for the State Sevmorgeo Company (SMG). SMG is utilizing Fairfield Z700 oceanbottom nodes in combination with portable sources provided by WPG.
Chevron subsidiary Chevron China Energy and China National Offshore Oil Corp (CNOOC) signed production sharing contracts for two shallow water exploration blocks in the South China Sea. Chevron will hold 100% interest during the exploration…
A full tensor gradiometry and magnetic airborne survey revealed a new oil prospect off the coast of Northern Ireland for Providence Resources. The Polaris prospect, located in the Rathlin Sound, lays structurally ontrend with the onshore 2008 Ballinlea1 well…