Norwegian geoscience firms Petroleum Geo-Services (PGS) and Electromagnetic Geoservices (EMGS) have reached a settlement agreement over patent disputes. Instead of not allowing each other to use each other's technologies, the firms have…
Polarcus has received a letter of intent from an undisclosed client for a 3D marine seismic contract in Indonesia using the Polarcus' XArray (TM) technique for enhanced productivity and data quality. Cameron Astill, Senior Vice President Asia Pacific…
Searcher Seismic will begin the South Campeche Ultracube 3D seismic reprocessing project offshore Mexico that will merge three existing surveys. Map of the Ultracube project, from Searcher. In total…
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…
Petronas, through Malaysia Petroleum Management (MPM), has decided to open an area of Malaysian offshore waters to the multi-client model for the first time, according to PGS. A consortium comprising of PGS, TGS and Schlumberger WesternGeco…
Japanese explorer Inpex has started exploration well drilling offshore Shimane and Yamaguchi prefectures, Japan. The well is being drilled as part of a project commissioned by Japan's Agency of Natural Resources and Energy of the Ministry of Economy…
The third of geoscience firm PGS' four Ramform new-build Titan-class seismic acquisition vessels, the Ramform Tethys, has been named at the Mitsubishi Heavy Industries Shipbuilding Co. yard in Nagasaki, Japan. PGS' two first Ramform Titan-class vessels…
ION Geophysical Corp. today announced that it has acquired Global Dynamics Inc. (GDI), an Ontario-based company that designs and develops marine towing systems and equipment, including its proprietary SailWing technology. ION plans to…
Polarcus is pleased to announce the start of production in the first of a series of three 3D seismic projects offshore Brazil. The project is being acquired using the Polarcus A-Class 3D seismic vessel Polarcus Alima. The first project…
The UK's new regulator, the Oil and Gas Authority (OGA), has launched a competition linked to future exploration licensing rounds in order to stimulate further offshore oil and gas exploration activity in the United Kingdom Continental Shelf (UKCS)…
With a weak start of the year for CGG, the French seismic company will reduce its fleet by another three vessels by the end of Q1, as its revenue dropped 32% from 2014. The Oceanic Vega. Image from CGG…
Statoil has outlined its six Licensing Options offered in Ireland’s 2015 Atlantic Margin Licensing Round. Statoil is set to be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil. The…
Japanese exploration outfit Japan Oil, Gas and Metals National Corp. (JOGMEC) has been given more time to explore offshore the Seychelles, in the Indian Ocean offshore east Africa. The firm has signed an extension to its joint survey…
The need to innovate, collaborate and standardize existed well before the downturn, and not least in Norway. Elaine Maslin sets out how Transmark Subsea has been doing all three. Work on Murene at Transmark’s facility near Bergen…
Oil and gas has all the resources for a big data revolution – so what’s holding us back? Robert Dickson, Director – field development project excellence at io sets out his view. Image from iStock…
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