Reservoir Monitoring News

 

Shell's BC-10 phase 2 in production

Oct 02, 2013

Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…

ALS acquires Reservoir Group

Sep 01, 2013

ALS Ltd moved to acquire Reservoir Group for US$533 million from SCF Partners. Reservoir’s existing senior management team has committed to continue in the business and is rolling over approximately 50% of their equity in Reservoir into ALS shares…

ALS acquires Reservoir and Earth Data

Aug 23, 2013

ALS entered into an agreement to acquire Reservoir Group for US $533 million (9.6 x Reservoir's FY2013 EBITDA). The transaction follows extensive due diligence undertaken by ALS on Reservoir as a part of an exclusive sale process. Reservoir…

Omega Well Monitoring Canada acquires Planet Services

Jul 31, 2013

Reservoir Group affiliate, Omega Well Monitoring Canada (OWMC), acquired Planet Services Inc. This acquisition furthers OWMC’s plans to transition from a sales-based company, to a provider of installation and servicing. Planet Services has…

A technology-fueled future

Jul 31, 2013

The Next 50 Years is the strap-line of this year’s SPE Offshore Europe— underpinning those five decades will be technology, says BP’s North Sea regional president. Elaine Maslin reports. This year SPE Offshore Europe is celebrating its…

ALS to acquire Reservoir Group

Jul 16, 2013

ALS entered into an agreement to acquire Reservoir Group for US $533 million. Reservoir is a provider of oil and gas services and equipment that assists with the evaluation, development and optimization of oil and gas discoveries.  Reservoir operates five segments: Coring…

Omega acquires Planet Services

Jul 12, 2013

Omega has entered into a seven-figure deal with Calgary-based well installation services provider Planet Services Inc., which will see its eight staff join the Omega team and become part of the Reservoir Group club. Omega has developed…

Subsea Norway in brief

Jun 19, 2013

DCN invests in ROV division DCN Diving has launched its own ROV division led by Fred Bosman as ROV operations manager. Bosman acquired his experience with robotic underwater systems with the Royal Dutch Navy, and for the past 13 years…

Changing the PRM value proposition

May 20, 2013

Andrew McBarnet suggests that seismic permanent reservoir monitoring may soon be seeing a new wave of interest if not an increase in projects. It seems like forever that people in the E&P business have been talking about a digital oilfield…

CGG wins PRM contracts

May 15, 2013

CGG was awarded two contracts by Statoil ASA to provide long-term seismic imaging services for permanent reservoir monitoring (PRM) operations on the Snorre and Grane fields in the Norwegian sector of the North Sea. The scope of each contract also includes acquisition QC services…

OTC.13: Tendeka opening Canada office

May 07, 2013

Tendeka, the provider of completions systems and services to the upstream oil and gas industry, today announces plans to significantly grow its North and South American market presence by promoting its full portfolio of complementary completions products and services in the region…

OTC.13: HawkEye launch for Expro

May 06, 2013

Leading international oilfield services company, Expro, is celebrating its 40th anniversary at this year’s Offshore Technology Conference (OTC) in Houston by showcasing its investment in new technology and innovation.   As part of that…

Long term seismic contracts for CGG

Apr 10, 2013

CGG announced today that it has been awarded two contracts by Statoil ASA to provide long-term seismic imaging services for permanent reservoir monitoring (PRM) operations on the Snorre and Grane fields in the Norwegian sector of the North Sea…

Wintershall sponsors Badger tool

Feb 27, 2013

Germany’s Wintershall has stepped forward to back a new autonomous exploration drilling tool being developed in Norway.Badger Explorer (BXPL) is developing the tool, which it describes as “a new formation and reservoir evaluation tool, which drills into the subsurface without the risks…

Sobering thought

Jan 04, 2013

In his keynote speech at the ITF technology showcase, BP North Sea regional president Trevor Garlick spoke of his personal determination to ensure his company takes a leadership role in technology in the North Sea. He noted that relative to…

Current News

Edda Wind Welcomes New CSOV to its Fleet

Edda Wind Welcomes New CSOV to

TotalEnergies’ Unit to Build Battery Storage Site in Japan to Help Balance Grid

TotalEnergies’ Unit to Build B

Petrobras, TechnipFMC Kick Off Electric-Actuation Pilot in Brazil

Petrobras, TechnipFMC Kick Off

CCS Capacity to Quadruple by 2030, DNV Report Finds

CCS Capacity to Quadruple by 2

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine