Oil services giant Schlumberger has laid off 2000 employees as the company reports one of its steepest revenue declines since the downturn began, citing global activity decline and disruption that has reached unprecedented levels. Image…
A consortium comprising of three major seismic data companies have won a tender for rights to carry out a seismic program offshore Malaysia. The program, to be run by PGS, TGS and Schlumberger WesternGeco, will be the first time the waters…
PGS has completed the acquisition of the 7300sq km CearáBasin “Fortaleza” MultiClient 3D survey on the Equatorial Margin of Brazil. The survey has significant industry pre-funding and marks the first use of a Ramform Titan-class vessel, the Ramform Atlas…
Schlumberger and Statoil Gulf of Mexico signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase…
Norway-based PGS is to cold-stack a third vessel, the Ramform Viking ultra high capacity 3D seismic vessel, as it battles the downturn in the market. The Ramform Viking will be cold-stacked after it completes a MultiClient project offshore East Newfoundland in late October this year…
GeoPartners, in partnership with MAGE, Seabird Exploration and DownUnder GeoSolutions, have acquired a new regional multiclient 2D (MC2D) seismic survey entitled North Celtic Sea 2015. This Ireland/UK cross-border project is located mostly in the Irish North Celtic Sea and St…
MultiClient Geophysical (MCG) has entered into an agreement with Polaris E&E Services to acquire their Post Stack Reprocessed Atlantic Margin seismic 2D data. MCG will pay Polaris for this transaction through revenue share of futures sales…
Schlumberger has expanded its Gulf of Mexico multiclient wide-azimuth seismic data portfolio by launching a new survey in the Campeche Basin. The acquisition of the industry’s first multiclient wide-azimuth survey offshore Mexico will cover 80…
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…
Mexico is ramping up its offshore seismic data acquisition with recent awards to TGS-NOPEC and Norway-based Petroleum Geo-Services (PGS). The Atlantic Explorer. From PGS. Mexico's…
Norwegian geoscience firm Spectrum entered into a cooperation agreement with US oilfield services giant Schlumberger to acquire 50% ownership in Spectrum's Pelotas multiclient program. The cooperation agreement includes more than 30,000km…
Norway-based geoscience firm TGS signed a joint venture agreement with Dolphin Geophysical to acquire 4500sq km of 3D multi-client seismic survey over the western part of the Hammerfest basin in the Barents Sea. The survey will provide…
Schlumberger has completed the acquisition of about 2750sq km of two new full-azimuth multiclient seismic surveys over the Garden Banks and Green Canyon areas in the Gulf of Mexico. Both shoots are the initial phase of the Revolution X and Revolution XI surveys and will provide full-azimuth…
SeaBird Exploration Plc received a contract award to use the MV Harrier Explorer for a 2D seismic survey in West Africa. The letter of award is for a survey with a minimum size of 2000 km, valued at approximately US$2million…
Schlumberger’s multiclient seismic survey offshore Mozambique is now available. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data…
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