Atlas News

Transocean Posts 3Q Loss. Says Market Conditions, Dayrates Improving

Nov 02, 2021

Offshore drilling company Transocean on Tuesday posted a third-quarter loss, but the CEO Jeremy Tighpen praised fleet performance, improving market conditions, and rising dayrates.Swiss-based drilling contractor posted a third-quarter net loss of $130 million…

PGS Wraps 2021 Seismic Acquisition Campaign Offshore Canada

Sep 29, 2021

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…

ExxonMobil Hires PGS for 3D Seismic Survey in Suriname

Sep 24, 2021

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…

Offshore Seismic Vessel Utilization Hits Pre-pandemic Levels, Rystad Says

Sep 23, 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…

TGS Expands Data Coverage for U.S. Offshore Wind

Aug 27, 2021

Norwegian company TGS has this week said it has expanded its coverage of numerical weather prediction (NWP) model data for offshore wind in the U.S.TGS, best known as a provider of seismic data to oil companies, is working to diversify, and…

Transocean Wins Firm Contract for 8th Gen Ultra-deepwater Drillship

Aug 26, 2021

Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million…

PGS, TGS Kick Off 3D Survey Offshore Canada

Jul 06, 2021

Norwegian offshore seismic data firms TGS and PGS have partnered up and started the second phase of a multi-client survey offshore East Canada.The project, called Lewis Hills 3D multi-client phase 2, includes the acquisition of 947 square kilometers of additional 3D data…

KNUD E. HANSEN Unveils WTIV Design

Jun 21, 2021

Naval architecture firm KNUD E. HANSEN has unveiled a new wind turbine installation vessel (WTIV) design engineered to carry and install up to four new-generation 14 megawatt wind turbines.The Atlas A-class vessel is specifically dimensioned…

Williams, Beacon Sign Pipeline Deal for Shenandoah Field in Gulf of Mexico

Jun 18, 2021

U.S. Gulf of Mexico pipeline operator Williams has struck a deal with Beacon Offshore to provide offshore gas gathering and transportation services and onshore gas processing services to the Shenandoah offshore development.Williams will provide…

Transocean, Jurong Shipyard Agree Delivery, Payment Delays for 8th Gen Drillship Duo

Jun 07, 2021

Offshore drilling company Transocean has reached a deal with Singapore-based Jurong Shipyard - a Sembcorp Marine subsidiary - to delay the delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan, originally ordered in 2014…

PGS, TGS Expand Survey Campaign Off Canada. Another Vessel Set to be Deployed

Jun 07, 2021

Norwegian seismic surveyor PGS has, with its Ramform Titan seismic vessel, started the Cape Anguille seismic survey program offshore Canada, in partnership with seismic data firm TGS.The program expands the PGS-TGS joint venture with another…

PGS Kicks Off 3D Seismic Survey Off Angola

Feb 15, 2021

Norwegian marine seismic data firm PGS, in partnership with Angola's ANPG, has started a new MultiClient 3D survey in the Lower Congo Basin, near the river plume of the Congo in Angola Block 1/14. The acquisition phase will continue until April and fast-track data is expected in October 2021…

UK, Norway Offshore O&G Sectors to See Modest Rise in Investment in 2021

Dec 21, 2020

After a turbulent 2020 for the oil and gas industry, 2021 is expected to see a modest rise in investment in the UK and Norway offshore sectors, assuming a US$50 per barrel average oil price.Exploration activity could recover to 2019 levels and investment in new developments is set to increase…

Don’t Go Chasing (Deep) Waterfalls: The Future of Drillship Financing

Oct 14, 2020

The oil majors’ retreat from frontier plays limits future drillship demand with deepwater, investment looks limited to Brazil and Guyana, writes Gregory Brown, Maritime Strategies International.The future of offshore deepwater investment is under the microscope…

Equinor's Exec Joins TechnipFMC Board

Oct 02, 2020

Margareth Øvrum, Executive Vice President of Equinor's Development and Production Brazil business, has joined the oilfield services firm TechnipFMC's Board of Directors, effective October 1, 2020.Øvrum, 62, has over 38 years of experience at the Norwegian energy giant…

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