Marine seismic services firm SeaBird Exploration has signed a one-year contract with an unnamed repeat client for the use of its Fulmar Explorer vessel.The contract, which starts in November 2021, replaces the letter of intent that was announced by Seabird Exploration in July…
French geophysical services company CGG has completed the sale of its GeoSoftware business to Topicus and Vela Software for $95 million in cash. The transaction was effective October 1, 2021.GeoSoftware product suite, among other things, helps…
Norwegian seismic data acquisition company PGS has said that it has on behalf of the PGS-TGS joint venture acquired over 10 000 sq. km of 3D GeoStreamer data offshore Newfoundland and Labrador between May and September this year. The data from…
U.S. oil major ExxonMobil has awarded Norwegian offshore seismic data acquisition firm PGS a contract for a 3D survey offshore Suriname.PGS' 104.2 meters long Ramform Tethys seismic vessel is scheduled to start the acquisition during the fourth quarter of 2021…
Vessel utilization in the offshore oil and gas seismic data acquisition sector has reached pre-pandemic levels in the third quarter of 2021, Rystad Energy has found.Rystad, a Norway-based energy industry intelligence firm, said that, after several devastating quarters caused by the pandemic…
Seismic survey company Shearwater GeoServices has secured a 3D seismic exploration survey contract with Beach Energy in Australia.Using the Geo Coral seismic vessel, Shearwater will conduct the Prion 3D seismic survey starting in late October…
Marine seismic data acquisition firm Shearwater GeoServices has won a contract in South East Asia.The company said the deal, with an unnamed client, was for a 3D survey project.The project, starting in early October 2021, will be conducted by the 107 meters long SW Duchess vessel…
Suriname has been described as the next big thing in the offshore oil and gas exploration world, as its proximity to Guyana where ExxonMobil has discovered around 10 billion barrels of oil so far has led oil companies, including ExxonMobil,…
Offshore seismic data company ION Geophysical has this week said its Board of Directors has started a process to evaluate a range of strategic alternatives to strengthen its financial position and maximize stakeholder value 'as the company continues…
Shearwater GeoServices has won a six-month contract extension with seismic data firm CGG on its Nebula survey offshore Brazil and is nearing completion of work for CGG on its North Viking Graben survey.Shearwater has previously conducted work…
Norwegian seismic data firm TGS has announced the start-up of a new 2D seismic survey in the MSGBC Basin, offshore Mauritania.The survey, North-West Africa Atlantic Margin (NWAAM) 2021, will comprise 7,500 kilometers of seismic data, with a modern broadband acquisition set-up…
Marine seismic data firm ION Geophysical has announced the third phase of its Mid North Sea High 3D seismic data acquisition multi-client program.'The Mid North Sea High program covers one of the few remaining underexplored areas offshore the UK…
UK-based oil and gas firm Deltic Energy has informed that a 3D seismic survey is set to start started at its Licence P2428 and surrounding areas in the UK Southern North Sea.Deltic last month said that Cairn had agreed to acquire a 60% interest…
Blue Ocean Seismic Services reports it has completed a series of passive and active sea trials in the North Sea using a DP2 class Multi Role Vessel. When tested at various weights, the company’s underwater autonomous vehicle successfully and…
Oil major Shell has acquired a share in the Transkei & Algoa blocks offshore South Africa from Impact Oil & Gas.Following completion of the transaction, first agreed on in November 2020, Shell is now the operator of the block with a 50% stake and Impact Oil & Gas owns the remaining 50%…