Polarcus terminates employees, ships up for sale
Lenders have withdrawn support from Polarcus, forcing the company to terminate all of its employees.
seismic
Shell postpones North Sea seismic job due to fishing, environmental concerns
Shell has postponed a 3D seismic survey in the UK North Sea after weighing up the impacts on fishing businesses and the environment.
Company’s survey of central North Sea its biggest project so far
Survey services firm iSurvey Offshore said yesterday it had successfully completed its biggest project to date.
BOSS aims to find sweet seismic spot
The energy industry has a reputation for being slow to support new technologies, but one exception to this generalisation is the rise of autonomous offshore vehicles.
BP backs robot BOSS
Blue Ocean Seismic Services (BOSS) has won £10 million of backing from a range of companies including BP Ventures, Woodside Energy and Blue Ocean Monitoring.
Seismic industry revenues to nearly evaporate in 2020
The Covid-19 pandemic and the current low-oil-price environment have pushed global exploration and production operators to cut costs, scrapping all but the most vital of their investment plans. The supply industry that will suffer the most as a result is seismic, as shown by a Rystad Energy analysis, with revenues estimated to fall this year by 51% in a $30 Brent scenario and by 77% if the Brent falls to $20, compared to levels seen in 2019.
TGS fires into Gambian deepwater survey
TGS has begun a 3D seismic survey offshore The Gambia, under its Gambito 2020 programme.
Polarcus scraps another seismic shoot
Seismic provider Polarcus has noted another project cancellation, this time in West Africa.
CGG’s Zambezi data offers a jumpstart to explorers
Data shot by CGG in a 15,400 square km seismic survey offshore Mozambique, in the Zambezi Delta, is now ready for licensing.
Cameroon issues tender for seismic study provider
Cameroon’s state-owned Société Nationale des Hydrocarbures du Cameroun (SNH) has launched a tender for a feasibility study for a 3D seismic shoot, onshore in the Douala/Kribi-Campo Basin.
Senegal sets out bid round timetable
Senegal is officially launching its licence round on January 31, with applications required to be in by July 31.
Offshore seismic on the up
Confidence continues to return for offshore work, with offshore seismic companies reporting improved performance from contract work, while multi-client continues to lag.
Tatneft kicks off seismic in Libya
Russia’s Tatneft has restarted its acquisition of seismic in Libya, the National Oil Corp. (NOC) has announced, picking up where it left off in 2014.
TGS kicks off Senegal survey
TGS has launched a new 3D seismic survey in the MSGBC Basin, covering 5,100 square km, in partnership with GeoPartners.
Armour rained out in Uganda
Australia-listed Armour Energy has suspended work on its 2D seismic shoot in Uganda as heavy rains have made work impossible.
Angola sets out its Namibe stall
Angola’s new regulator held its London roadshow on September 17, touting the new opportunities in its Namibe and Benguela basins.
Soco buckles down for Egyptian work
The acquisition of Merlon Petroleum earlier this year has given Soco International a new focus, with new exploration planned in Egypt and neighbouring Israel. As such, the company is planning to change its name, to Pharos Energy.
TGS, Schlumberger bring Red Sea into focus
TGS and Schlumberger’s WesternGeco are close to finishing 3D seismic reimaging on Egypt’s Red Sea, as a licence round comes to a close in the area. The two companies said the work would cover data from three seismic surveys, covering 3,600 square km, which were acquired between 1999 and 2008.
A seismic shift at sea
Despite the climate change crisis that threatens to engulf us all, the quest for new hydrocarbon resources goes on relentlessly. One of the key tools in that process is seismic survey – both 2D and 3D.
Carbon capture pipe dream gets real
Carbon capture and storage remains firmly on the agenda as a way of mitigating at least some of the impacts of climate change.
Innovation can help ease climate change
I think it’s not unreasonable to say that for oil and gas the two innovations that have had the most impact are horizontal drilling and 3D seismic.
France’s CGG gets Shell seismic gig in Brunei
French geoscience firm CGG said today it had inked a contract to process seismic data for Shell in Brunei for six years.
TGS to launch new seismic work off Guinea
TGS said it will acquire more than 11,500 km of 2D seismic data in the Republic of Guinea, Guinea Bissau and Senegal.
Russia, Norway swapping Barents seismic data
Oil and gas authorities in Russia and Norway will share seismic data from the Barents Sea under a new agreement.
Seismic activity reported near nuclear testing site in North Korea
A European monitoring agency has reported a 5.0 magnitude quake near North Korea’s north-eastern nuclear test site.