Imagine a library where the books are written in a language so old, few alive can speak it; and the pages crumble to dust when turned. In data terms, this is the state of the UK oil industry’s 50+ years of exploration archives. Elaine Maslin reports on one project aiming to fix it…
Norwegian geoscience firm Spectrum has made an offer to acquire fellow Norwegian outfit MultiClient Geophysical for US$13.94 million (NOK 116 million). The offer trumps an earlier offer made by UK-based geoscience firm Geoex by about…
Norway's TGS has inked two new seismic vessel contracts with Norwegian geoscience firms Shearwater GeoServices and Polarcus, for surveys in Europe. Shearwater GeoServices has agreements for two surveys, one firm and one optional, starting between March and May 2017…
Norway's Electromagnetic Geoservices has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL at new and improved commercial terms. The new terms are valid through 1 October 2019 with an option to extend the new agreement through 1 April 2021…
Offers for 56 new production licenses on the Norwegian continental shelf are being made to 29 companies, 17 of which are operators. The offers are being made after 33 companies applied in the Norwegian Petroleum Directorate's (NPD) the Awards in Predefined Areas (APA) 2016…
Searcher Seismic has started a 3D reprocessing project, offshore Papua New Guinea in the southwest Pacific Ocean. The project comprises reprocessing existing open-file 3D datasets with a modern broadband de-ghosting and pre-stack depth migration sequence…
Polarcus received a letter of intent for a broadband 3D marine seismic acquisition project offshore West Africa. The project is due to start in Q1 2017 and will run for approximately one month.
A decision by the US Bureau of Ocean Energy Management (BOEM) to deny six pending geophysical and geological (G&G) permit applications for airgun seismic surveys in the Mid- and South Atlantic Planning Areas of the Atlantic Ocean has caused uproar in the industry…
Norwegian geoscience firm Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has started the first of a series of 3D Multi-Client seismic acquisition programs offshore Gabon. The programs are in under-explored areas over shallow water open blocks…
Africa-focused independent explorer Impact Oil and Gas has raised US$12.3 million, which is plans to spend on subsurface work, including 3D seismic survey covering approximately 1900sq km, offshore Namibia. In Namibia, Impact Oil and Gas operates Blocks 2913B…
Polarcus received two letters of intent from two undisclosed clients for two additional marine seismic projects offshore South America. The projects, one 3D using Polarcus' RightBAND technique for broadband data acquisition and one 4D monitoring survey…
Magseis has been awarded a contract from ConocoPhillips for a full azimuth 4D seabed seismic acquisition survey in the North Sea using the company’s proprietary MASS system. Magseis will mobilize what will be its second, ROV-based crew for the project…
BGP Marine started a 2D multiclient survey, offshore Cuba, after signing a contract with Cuba-Petroleo Co. (CUPET). Map from BGP. The project comprises 25,000 km of 2D long-offset…
The Oil and Gas Authority (OGA) has awarded four new contracts worth about US1.25 million (£1 million) to supply more than 10,000km of reprocessed proprietary 2D seismic data of the UK Continental Shelf (UKCS) as part of the UK Government funded seismic acquisition program…
Houston-headquartered SAExploration has won a ca.US$35 million contract to provide a 3D deepwater ocean-bottom marine project in West Africa. SAE expects to initiate this project in late 2016 and complete it in Q1 2017. The project will…
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