Nordic Energy PLC, a company focussed on making investments in the North Sea oil and gas sector, is pleased to announce that NikOil Limited (‘NikOil’), a private company jointly owned by the Directors of Nordic, has been awarded by the Danish Government the 3…
Falklands exploration firm Falkland Oil & Gas (FOGL) has said it will be continuing its 3D seismic acquisition campaign and looking for drilling targeting for exploration drilling in the second half of this year. The firm's 3D seismic programme is covering more 10…
Andrew McBarnet assesses the state of the marine seismic business and where it is going in 2013.Rarely, if ever, can the marine seismic business have been so busy in so many places around the world. Demand for surveys is nearly at an almost all-time high…
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…
2012 was a big year for marine seismic in NW Europe. Andrew McBarnet asks whether we can expect a repeat in 2013. The summer season offshore NW Europe is often seen as the bellwether of the marine seismic industry’s state of health. This was definitely the case in 2012…
Houston-headquartered MicroSeismic Inc. has hired Ganesh Murdeshwar as Vice President for its Calgary office. Murdeshwar will lead the sales, analysis, and operations teams. He comes to MicroSeismic from Tagle Information Technology, where he served as president and chief operating officer…
North Energy has today entered into a four-year collaboration agreement with (TGS) concerning the purchase of seismic data and services. This represents a natural progression from an earlier collaboration agreement with Rex Oil & Gas (Rex) on…
Australian-listed exploration firm FAR says prospects offshore Kenya and Senegal “much larger than we originally assessed”.Announcing the outcome of updated prospective resource estimates following the completion of internal technical studies…
On 7 December 2012, the Government of Malta awarded three offshore blocks totaling 6,400sq km to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. Cairn CEO Simon Thomson, who succeeded Sir Bill Gammell as chief executive in July 2011…
Total to begin seismic acquisition off CyprusCyprus map (Image: Total)Total entered two production sharing contracts with the Republic of Cyprus for Blocks 10 and 11, the company announced on 6 February 2013. The awards are a part of the country's second offshore exploration licensing round…
Andrew McBarnet finds an optimistic atmosphere at the recent SEG annual international meeting in Las Vegas.Judging from the mood of the crowd at last month’s SEG Annual International Meeting, the marine seismic business is in a good space…
Andrew McBarnetIf there was such a thing as an annual horoscope for the marine seismic and related geophysical businesses, then in the coming year we can expect at least some improvement on 2012. In other words, unless there is some totally unexpected destabilizing economic…
Artemis AtlanticAnadarko has struck a deal with Dolphin Geophysical for a 2D seismic survey offshore South Africa, Dolphin announced on 7 November 2012.Dolphin Geophysical will utilize its Artemis Atlantic vessel to acquire data over an 6…
ITF, the global industry technology facilitator, was set up in 1999 and is today owned by 30 major operating and service companies from around the globe, Qatar Petroleum having become the latest recruit in July. Meg Chesshyre talked to chairman…
The new year of 2012 does not offer great tidings of comfort and joy for the marine seismic business. Andrew McBarnet explains why.Contemplating prospects for 2012, there is a discernible air of frustration, even resignation, in the marine seismic community…