Norway-based geoscience firm Dolphin Geophysical has filed for bankruptcy just days after warning it had struggled to restructure its debt and capital structure. The firm, whose shares halved last Thursday after it warned it could have to file for insolvency…
Norway-based geoscience firm Dolphin Group has said it may be forced into insolvency if it is not able to restructure its business. The firm, which owns Dolphin Geophysical, saw shares halve in trading this morning, following its announcement…
Electromagnetic Geoservices (EMGS) announces that the company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Daybreak project located in the western US Gulf of Mexico worth a total of US$1…
SeaBird Exploration has announced that Northern Explorer has been commissioned for work in the greater Caribbean area and will leave the TGS Gigante survey in the beginning of January 2016 for an estimated 6-8 weeks. Phase one of the survey…
The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd licensing round. The round offers nearly 60 frontier exploration blocks with around half in the exciting new Arctic province of the Norwegian Southeast Barents Sea…
KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…
Electromagnetic Geoservices (EMGS) has announced that the company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Foz de Amazonas and Ceara basin in Brazil worth a total of US$ 4.1 million.
Image from iStock. African Petroleum's wholly-owned subsidiary European Hydrocarbons Ltd. (EHL) entered into the first extension period on the SL-03 license, offshore Sierra Leone. The…
Polarcus recently completed its first commercial project offshore Australia utilizing the revolutionary XArray in a five source configuration known as Penta source. With XArray Penta source we are achieving unparalleled data density at 6…
The recent integration of automated real-time seismic hazard detection is the latest development furthering the argument for permanent reservoir monitoring. Aaron Smith, of PGS, sheds light. Fig…
Heather Saucier investigates how microseismic monitoring is being used for monitoring field conditions in real time and helping to build better models. Landmark’s 3D models can use reservoir monitoring to improve performance prediction…
Geosciences company Benthic has been awarded two contracts by Woodside to undertake offshore geotechnical site investigations for the proposed Browse floating liquefied natural gas (FLNG) development and the Greater Enfield development located off the coast of Western Australia…
TGS is reprocessing some 22,847km of 2D seismic offshore Portugal thanks to success in the conjugate offshore Newfoundland and Nova Scotia. This project, which uses TGS' broadband solution Clari-Fi, is now fully underway, said the firm…
Paradigm released Paradigm Geolog 7.4, the latest version of its Geolog formation evaluation software suite. Geolog 7.4 offers engineering functionalities that expand the product's reach into additional phases of the production cycle…
Polarcus has announced it has signed a contract with an undisclosed client for a 3D marine seismic project offshore Egypt utilizing Polarcus' RightBAND technique for broadband data acquisition. The project will commence in Q4 2015 and run for approximately two and a half months.
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