Orcadian Energy has signed a new deal with energy data group TGS, which will see it gain access to 3D seismic data across several of its licences in return for a share of future production royalties.
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
A consortium of PGS, TGS and WesternGeco have secured funding for a 6,400 sq km multi-client 3D seismic survey starting in October in the Sarawak basin offshore Malaysia.
Jersey Oil and Gas (JOG) has announced an $850,000 (£620,000) pay out after a legal dispute with subsea firm TGS-Nopec Geophysical Company.
Somalia has announced the appointment of six independent directors to the board of the Somali Petroleum Authority (SPA).
TGS has launched its first regional airborne enhanced full tensor gravity gradiometry (eFTG) multi-client survey in Upper Egypt.
Somalia is preparing for a bid round covering seven blocks in its offshore with the official opening due on August 4.
TGS has begun a 3D seismic survey offshore The Gambia, under its Gambito 2020 programme.
TGS has completed its SN-UDO-19 survey in northern Senegal and has begun a second shoot in the same region, OUP-NORD-20.
Petrosen has officially launched its first offshore licence round, at a conference in Senegal, covering 12 blocks.
Senegal is officially launching its licence round on January 31, with applications required to be in by July 31.
Somalia is taking steps to attract foreign investment to its energy sector but challenges remain, most notably in how the federal government can integrate its policies with those of the state governments.
TGS and PetroData intend to carry out Nigeria’s first multibeam and seafloor sampling (MB&SS) study. Results will be available early in the second quarter of 2020.
TGS and AustinBridgeporth will begin acquiring an airborne gravity survey in Egypt in the first quarter of 2020.
Liberia has set out plans for a licensing round in 2020, via the Liberia Petroleum Regulatory Authority (LPRA).
TGS has launched a new 3D seismic survey in the MSGBC Basin, covering 5,100 square km, in partnership with GeoPartners.
Developing the SNE field will require capital expenditure of around $4.2 billion, a presentation by Australia’s FAR has said, versus the previous projection of $3bn.
The Erland Wild West 3D seismic survey project has started today in the west of Shetland region of the North Sea.
TGS said it will acquire more than 11,500 km of 2D seismic data in the Republic of Guinea, Guinea Bissau and Senegal.
TGS has won a contract with Uruguay to carry out a well data program for exploration wells in the country.
TGS has seen its revenues increase in the second quarter of the year up 79% compared to earlier in 2016.
TGS and Schlumberger have begun the acquisition of a number of surveys in the US Gulf of Mexico.
Fugro has deployed multi-purpose offshore vessel the Fugro Gauss to join one of its other vessels in Mexico as it completes the world’s largest seep-hunting survey for TGS.
The Norwegian government has filed a $39million compensation claim against seismic specialist TGS.
TGS said it plans to acquire more than 36,000km of 2D seismic data using two vessels during its 2016 season.