Seismic Acquisition News

 

EMGS Diversifies Business with Siem Day Subsea Construction Vessel Buy

May 07, 2025

Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has established a new business platform within the offshore subsea construction market, having entered into a set of agreements for the acquisition of Siem Day offshore subsea construction vessel (OSCV)…

Eco Atlantic Moves Forward with Orange Basin Offshore Block Plans

May 06, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently acquired block offshore South Africa.As announced in 2024, Eco has, through its wholly owned subsidiary Azinam South Africa…

ONGC Buys Viridien’s Sercel Offshore Logistics Solution

May 06, 2025

French seismic company Viridien has sold its Sercel Marlin Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore exploration and production (E&P) operations in India…

Higher Oil Production Boosts ExxonMobil’s First Quarter Profit

May 02, 2025

Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and the Permian basin helped boost earnings.Profit during the January-March quarter was $7.71 billion or $1.76 per share…

Greece Greenlights Tender for Offshore Oil and Gas Exploration

May 02, 2025

Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued…

DEME Concludes Havfram Acquisition

May 02, 2025

Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (€900 million).The transaction, first announced in April 2025…

Equinor Sells Peregrino Field to Brazilian Oil and Gas Firm for $3.5B

May 02, 2025

Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field, offshore Brazil.PRIO, Brazil’s largest independent oil and gas company…

Shell Wraps Up Acquisition of ConocoPhillips’ Stake in Ursa Platform

May 01, 2025

Shell Offshore and Shell Pipeline Company (SPLC), subsidiaries of Shell, have completed the previously announced agreement to increase their stake in the Ursa platform in the Gulf of America through the acquisition of working interest from ConocoPhillips…

ExxonMobil, Egypt’s EGAS Bolster Mediterranean Oil Exploration Efforts

Apr 29, 2025

Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum of understanding (MoU) to strengthen the collaboration for Mediterranean Sea oil and gas exploration.The MoU was signed to establish the necessary foundations for developing the agreements system if ExxonMobil Egypt…

Capricornus Prospect in Namibia’s Orange Basin Delivers Oil Discovery

Apr 24, 2025

Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia.The Capricornus 1-X well, spudded on February 17, using Noble Corporation’s Noble Venturer drillship…

EnQuest Bags Two Production Sharing Contracts off Indonesia

Apr 23, 2025

U.K.-based oil firm EnQuest, and its joint venture partners, have been confirmed as the winning bidders for two Production Sharing Contract (PSC) blocks in Indonesia’s Papua Barat, including Gaea and Gaea II.The blocks present a multi-Tscf unrisked…

Pre-FEED Work Begins for CCS Project Off Australia

Apr 17, 2025

The Bonaparte CCS joint venture, involving Inpex Corporation, TotalEnergies and Woodside Energy, has started pre-fronte-end engineering design (pre-FEED) work to support the development of the Bonaparte carbon capture and storage (CCS) project offshore Australia…

Kim Heng’s Rebuilt Geotechnical Survey Vessel Sets Sail

Apr 16, 2025

Singapore's offshore services firm Kim Heng has held a christening ceremony for the Bridgewater Discovery, a DP2 geotechnical survey vessel, rebuilt in 2024.With the Bridgewater Discovery vessel, Kim Heng has marked another milestone in its expansion into the renewable business sector…

Malaysian Firm Enters Cable Laying Business with Vessel Acquisition

Apr 16, 2025

Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has set out plans to acquire a newly-built DP2 cable-laying barge for $20.5 million, marking its expansion into cable laying market.The 98-meter-long barge…

ExxonMobil Drill Offshore Cyprus Fails to Find Gas in Commercial Amounts

Apr 14, 2025

An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday.Drilling operations had been completed at the Elektra-1 well in Block 5 of the exclusive economic zone (EEZ) of Cyprus…

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