Petroleum Geo-Services (PGS) has warned that its Q2 results will be weaker than current market expectations due to less predictable seismic purchases. PGS said: 'Customers' intentions with regard to seismic purchases, particularly MultiClient…
PGS announced plans for Springboard, a new multiclient 3D program in the Ceduna sub-basin offshore south Australia using the company's GeoStreamer technology. Acquisition is planned to start in late 2014 on this program, which will cover some 8000sq km of broadband GeoStreamer data…
Netherlands-based Vroon Offshore Services started operations in Turkey this week. The company’s anchor-handling tug-supply (AHTS) vessels, VOS Tethys and VOS Athos, are currently assisting in positioning operations for the jack-up drilling rig GSP Prometeu…
Petroleum Geophysical Services ASA (PGS) has launched its second Ramform Titan class vessel, the Ramform Atlas, at a naming ceremony in Nagasaki, Japan today. The vessel will typically tow a network of several hundred thousand recording sensors over an area greater than 12sq km…
Noble Energy Inc. has started a 3D seismic survey over its licence areas to the south and east of the Falkland Islands using the PGS Ramform Titan. The survey, the third to be acquired in the area this year, could take up to four months…
Irish independent Circle Oil Plc announced today that its subsidiary, Circle Oil Tunisia Ltd., has increased its stake in the offshore Mahdia license to 100%, after acquiring the remaining 30% working interest from Tethys Oil & Mining Inc…
PGS unveiled its Ramform Titan platform in Nagasaki, Japan. The platform has a 70m broad stern and is equipped with 24 streamer reels, 16 reels aligned abreast and 8 reels further forward. “The Ramform Titan will spend her first season working on multi-client projects in the North Sea…
With 70m broad stern, Petroleum GeoServices' (PGS) new Ramform Titan holds the honor of being the widest streamer vessel, capable of towing 24 streamers. Before the Ramford Titan, there was the 22 streamer Ramford Sovereign. Unveiled in 2008…
Safety, efficiency and productivity are the key features of the 24-streamer Ramform Titan which was named today at MHI yard in Nagasaki, Japan. The new ship will be the most powerful and efficient marine seismic acquisition vessel ever and the widest ship in the world at the waterline…
Mitsubishi Heavy Industries (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition for sea bottom resource exploration from Petroleum Geo-Services ASA (PGS), a leading company in marine seismic and reservoir data acquisition…
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands is pleased to provide the following operations update with respect to the ongoing 3D seismic operations. The…
C. PGS vessel Ramform Challenger began gathering London-based Borders & Southern Petroleum’s 3D seismic program off the Falkland Islands in the South Atlantic. Located about 140km south of the Falkland Islands and covering more than 1000 sq km…
PGS' Ramform Challenger gathers a Falkland surveyThe PGS vessel Ramform Challenger began gathering London-based Borders & Southern Petroleum’s (B&S) 3D seismic program off the Falkland Islands in the South Atlantic Ocean. Located about 140…
Julian Hammond was promoted to CEO and president of Tethys Petroleum following the resignation of David Robson on health grounds. Peter Lilley took over as non-executive chairman.
Zalmay Khalilzad, a former US ambassador to Afghanistan and Iraq, has been appointed to the board of Tethys Petroleum. Tethys has interests in Kazakhstan, Tajikistan and Uzbekistan.