Spectrum has finalized the purchase of Fugro's multi-client library for a cash consideration of US$115 million on a cash- and debt-free basis. The transaction has increased Spectrum’s 2D library by 115% in line km and increase its market position within 3D multi-client market…
SeaBird Exploration will now commence the Gigante survey for TGS Nopec, after receiving all necessary permits. The vessels Osprey Explorer and Hawk Explorer have commenced acquisition while Northern Explorer is currently mobilizing to Mexico…
Mitra Energy has completed the acquisition of 533sq km of full-fold 3D seismic data in the Block 127 Production Sharing Contract area, offshore Vietnam. The survey was undertaken by PTSC CGGV Geophysical Survey Co. using the 3D seismic survey vessel Amadeus…
Norway-based geoscience firm TGS has agreed to buy seismic firm Polarcus' multiclient library, excluding Australia, for US$ 27.5 million and future share on library late sales. The move was described as enabling Polarcus to 'navigate the current challenging market environment…
Independent Oil and Gas (IOG) is extending its seismic remapping agreement with Baker Hughes’ Reservoir Development Services (RDS) group to better understand resource potential for its Blythe and Cronx/Elgood projects in the Southern North Sea (SNS)…
Fossil Oil is planning a new drilling project named Fossil-North Eagle Bay Offshore JV – I – 2015 offshore Texas. The project involves directionally drilling a lower risk offshore prospect in 12ft of water to a depth of 14,800ft to potentially…
Xodus Group appointed Andrew Sewell as global subsurface lead to oversee its global subsurface capabilities. Sewell has more than 24 years’ experience working in the oil and gas industry, initially as a geophysicist, and joined Xodus in 2012 as subsurface manager…
Lundin Norway commenced the drilling of its second Alta appraisal well in the Barents Sea South, and the drilling of an appraisal well on the Edvard Grieg field in the Norwegian North Sea. Drilling has also commenced on the partner-operated…
Unique Group, formerly known as Unique Maritime Group, has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets. With a current turnover in excess of US$100 million…
Schlumberger has launched depth domain inversion services, which is used by petrotechnical for reliability and consistency in seismic structural and quantitative interpretation in complex environments. Performing seismic inversion in…
Dolphin Geophysical is initiating seismic operations on the North West shelf with a large 3D SHarp Broadband Multi-Client survey covering approximately 15,000sq km, offshore Australia. Sanco Swift…
GeoTeric has announced the launch of Cognitive Interpretation. As an industry, billions are spent on acquiring and processing the best quality seismic data possible, in order to make informed decisions when drilling wells and producing oil and gas…
The Bureau of Ocean Energy Management (BOEM) and the Association of American State Geologists (AASG signed an agreement to foster interaction, cooperation and coordination on marine minerals and oil and gas resources on the outer continental shelf (OCS)…
Wintershall Norge, operator of production license 378, is in the process of completing the drilling of wildcat well 35/12-5 S. The well was drilled about 15km southwest of the Gjøa field in the North Sea and 80km southwest of Florø…
Dolphin Geophysical has announced that the 3D seismic vessel, Polar Empress, is in full production towing 14 streamers on the Maud Extension multi-client survey in the Barents Sea. The Polar Empress has a capacity to operate up to 22 seismic streamers…
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