Norwegian geoscience firm Electromagnetic Geoservices (EMGS) says it is to reduce its 'employee expenses' by about 20%, through temporary and permanent layoffs on shore and offshore and other measures, due to a reduced level of activity. Q2 'employee expenses' were US$5…
Exploration efforts offshore Iceland continue with Chinese oil company CNOOC International and its partners presenting the preliminary results of 2D seismic studies across the Dreki Area to the National Energy Authority of Iceland, Orkustofnun…
Karoon Gas Australia has been awarded a three-year commitment to explore the Great Australian Bight (GAB), in which the company will focus on acquiring seismic surveys, offshore South Australia. Map of GAB…
Oil India Ltd. (OIL) and the University of Houston (UH) have entered into an agreement to collaborate on technologies required to maximize recovery from aging oilfields in India. The duo will cooperate in the fields of improved oil recovery and enhanced oil recovery…
Searcher Seismic has completed acquisition of the Buscador Near-Shore 2D Seismic Survey, offshore Mexico. The Buscador Near-Shore 2D Seismic Survey was acquired by Searcher’s project partner, BGP and comprises 11,200km of long-offset…
CGG has started a large broadband 3D multi-client survey in the pre-salt area of the deep water Santos Basin, offshore Brazil. Santos VII (Saturno) is the third phase in CGG’s most ambitious pre-salt project to date, collectively known as the Santos Basin Trilogy…
Norwegian geoscience firm Spectrum has entered into an agreement with the administrator of the Dolphin estate to acquire the multi client 2D survey in Brazil Santos Campos and the 3D survey in Lebanon. The Norwegian entities of Dolphin…
Hyperdynamics Corp. received an updated exploration risk assessment of its top two drilling prospects offshore Guinea, that materially increases the probability of exploration success for both. The improved risk assessment follows the…
CGG says final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multiclient survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia is available. Phase 2 is due to complete by Q4…
Norwegian geoscience firm Spectrum has started a 1800sq km multi client 3D seismic survey offshore Norway in the Western Barents Sea. The new survey, designed based on interest from industry will tie and complement Spectrum's existing 3D surveys in the area…
Geoscience firm Spectrum is to carry out a long-offset Broadband 2D multi-client seismic survey covering the southern Rovuma and north-eastern Zambezi Basins, offshore Mozambique. The survey will be a variable grid with lines spaced from 10km to 20km…
CGG's Fast Trax Reverse Time Migration (RTM) data from its Encontrado multiclient mega-merge project covering the Perdido fold belt has been delivered ahead of Mexico's December Licensing Round. The Encontrado reprocessing project is a merge of over 38…
Polarcus received a letter of award for 3D marine seismic acquisition in Australia utilizing XArray to deliver a high quality broadband data-set via Polarcus' innovative and highly efficient acquisition technique. The project is due to commence in Q4 2016 and will run for one month.
PGS and TGS-NOPEC Geophysical Co. (TGS) have jointly agreed principal terms and conditions for purchase of a majority of the multiclient library of Dolphin UK. PGS and TGS will make this purchase on a 50/50 basis. This purchase represents a limited initial cash outlay for PGS…
Norway's SeaBird Exploration is to carry out a long offset 2D multi-client survey in the Barents Sea. SeaBird and Lundin Norway jointly designed the survey of deep seismic profiles to be acquired in the Barents Sea during September-October 2016…
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