Seismic News

 

PGS Laying Off 40% Office Workers. Offshore Crews Might Be Cut, Too

Jun 08, 2020

Norwegian seismic player PGS said Monday it would reduce office-based personnel count by approximately 40%, including reductions already implemented, to address the lower market activity and to cut costs.The company said its plan is to bring annual gross cash cost run-rate to approximately $400 million through staff reductions, reorganization, consolidation of offices, re-negotiation of service agreements…

Shearwater Nabs Seismic Acquisition Work in India

Jul 01, 2020

Shearwater GeoServices has won a contract for offshore survey work in India, with Oil India Limited.The project for Oil India Ltd. is a combined 3D and 2D towed streamer seismic acquisition- and processing contract in the Andaman Sea and Kerala-Konkan coastal waters offshore India…

Magseis Fairfield Nets 2021 OBN Survey Work

Jul 01, 2020

Seismic data acquisition company Magseis Fairfield has secured a contract for a 4D OBN monitor survey in the North Sea 2021 summer season.The company did not say who the client was, but it added that there is potential for follow-on work in subsequent years…

Shearwater GeoServices to Shoot Seismic for CGG in Brazil

Jul 01, 2020

Norwegian seismic survey company Shearwater GeoServices has received an award by the French seismic data company CGG for the Brazil Nebula survey extension.'We are pleased to see this award by CGG and look forward to continuing the work by Shearwater crews in Brazil…

ION Geophysical, PGS in 2D Data Team-Up

Jun 29, 2020

Offshore seismic data companies ION Geophysical and PGS have agreed to collaborate globally on 2D exploration data.  'Both companies have modern, high-quality multi-client data libraries that together cover all the significant hydrocarbon provinces around the world…

SeaBird Wins Short Term Work for 'Eagle Explorer'. Sells 'Harrier Explorer' for Scrap

Jun 29, 2020

Oslo-listed seismic data acquisition company Seabird Exploration has won a short-term contract for its Eagle Explorer vessel, and has also revealed a plan to sell its Harrier Explorer vessel for recycling.As for the contract, SeaBird said that…

Vyacheslav Tikhonov Seismic Vessel Stays with Sovcomflot

Jun 24, 2020

Russian shipping company Sovcomflot will not redeliver the Vyacheslav Tikhonov seismic vessel to Polarcus early, as previously planned.The vessel is owned by the seismic acquisition specialist Polarcus, but has since 2011 been with Sovcomflot…

PGS: First Peru MegaSurvey Seismic Data Available

Jun 17, 2020

Norwegian offshore seismic data acquisition company PGS has said that the first data of its Peru MegaSurvey is now available. The seismic dataset, including 2D and 3D data, is aimed at E&P companies interested in South America, specifically Peruvian coastline hydrocarbon potential…

TGS Kicks Off Timor-Leste Seismic Project

Jun 17, 2020

Norway-based marine seismic data company TGS has started commenced a 2Dcubed seismic data project covering offshore Timor-Leste, in support of the country’s ongoing oil and gas license round, announced in October 2019, following the ratification of a maritime border treaty with Australia…

PGS Wraps Brazil Seismic Shoot. Breaks Spread Record

Jun 16, 2020

Norwegian seismic acquisition company PGS has said that its Ramform Titan has completed a seismic survey project in Brazil, breaking a streamer spread record in the process.The company said Tuesday that it had completed the survey on the first…

Jaan 3D Seismic Survey Offshore W. Africa Complete

Jun 16, 2020

Norwegian seismic data company TGS has said it has, with its partners, completed the Jaan 3D seismic survey covering the MSGBC Basin in NW Africa acquired in partnership with PGS and GeoPartners. Comprising over 28,000 square kilometers, the 3D survey spanning offshore Senegal…

ConocoPhillips Completes Tasmanian Block Farm-In

Jun 11, 2020

ConocoPhillips Australia has completed the acquisition of an 80 percent stake in from 3D Oil in Australia's offshore Tasmanian Permit T/49P.The oil giant will pay 3D Oil A$5 million cash payment in recognition of previous expenditure at the Otway basin offshore block…

TGS Completes 3D Seismic Survey in Santos Basin, Brazil

Jun 09, 2020

Norwegian offshore seismic data firm TGS has completed an additional phase of the Santos Basin 3D Multi-Client seismic survey in Brazil. 'The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and16…

AGS Wins More Work with Equinor

Jun 04, 2020

Norwegian seismic survey company Axxis Geo Solutions (AGS) has signed the final contract for the additional scope of work for Equinor in the North Sea.AGS early in May said it had reached a deal with Equinor to carry out an ocean bottom node survey for Equinor over a 30-day period…

PGS Completes Shetland Survey. Moves Vessel to Barents Sea

May 28, 2020

Norwegian seismic acquisition company PGS has completed its East Shetland Basin 2020 survey using the Ramform Tethys seismic vessel.The company said Wednesday the first results of the survey would be available in August. 'PGS and the survey…

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