Search results for: ION Geophysical

32618 results

A list of search results

  • 2 September 2015

    Seismic surveyor ION Geophysical will lay off 25% of its workers as part of its cost-cutting initiative, and a move to scale down its operations negatively affected by low oil prices. The layoffs are expected to be completed by September 30, 2015, with ION expecting to incur $5-6 million in termination charges. The cuts will […]

  • 3 May 2018

    Ghana is believed to have up to 5-7 billion barrels of petroleum and up to 6 trillion cubic feet of natural gas in reserves

  • 21 July 2017
    Business & Finance

    ION Geophysical, a geoscience company, has received written notice from the New York Stock Exchange (the NYSE) that it is not in compliance with the continued listing standards. In its statement in Friday, ION said that the company is considered below criteria established by the NYSE for continued listing because its average market capitalization has been less than $50 million […]

  • 18 August 2015
    Business & Finance

    ION Geophysical has received notice on August 11, 2015 from the New York Stock Exchange (NYSE) that the price of its common stock fell below the NYSE’s continued listing standards. Namely, the NYSE requires the average closing price of a listed company’s common stock to remain above $1.00 per share over a consecutive 30 trading-day period. […]

  • 8 May 2018

    The United States Court of Appeals for the Federal Circuit has affirmed the invalidation of several of WesternGeco’s marine streamer system patent claims, ION Geophysical has informed. According to ION Geophysical, four of the six claims, that were based on the District Court’s award of damages to WesternGeco in a case of WesternGeco LLC vs […]

  • 9 August 2017

    Seismic survey company ION Geophysical has informed that a new 2D multi-client program offshore Panama is in progress. Supported by industry funding, this is the first seismic survey acquired there in approximately 30 years. The survey is designed to provide the framework to evaluate the hydrocarbon potential of this unexplored area ahead of the anticipated […]

  • 1 September 2015

    ION Geophysical Corporation has been awarded a seismic data acquisition contract by the Tanzanian Petroleum Development Corporation (TPDC). Under the contract, ION will acquire 4,058 km of 2D seismic, gravity and magnetic data over offshore blocks 4/1B and 4/1C in the Rovuma Delta region. The award follows an international tender for a 2D multi-client survey, […]

  • 1 May 2015

    ION Geophysical Corporation yesterday announced completion of the company’s Barbados Reprocessing project, in coordination with the recent announcement of Barbados’ 2015 Offshore Licensing Campaign. Heightened interest in oil and gas exploration throughout the Caribbean has stimulated new licensing rounds and boosted demand for superior geophysical data, ION said. ION’s Barbados Reprocessing is a multi-client two-dimensional (2D) seismic program encompassing more […]

  • 22 June 2017

    ION Geophysical has announced a new 2D multi-client program offshore Gabon in cooperation with the country’s Ministry of Petroleum and Hydrocarbons and the Direction Général des Hydrocarbures. ION Geophysical said on Wednesday that the multi-client program, named EquatorSPAN II, included over 1,900 kilometers of new high-quality, deeply imaged seismic data and was supported with industry prefunding. […]

  • 15 March 2018

    Seismic survey company ION Geophysical will undertake a new 3D multi-client broadband reimaging program offshore Australia.

  • 3 July 2015

    ION Geophysical Corporation has launched the first phase of MexicoSPAN, encompassing more than 22,000 km of deep-imaged 2D seismic data. ION said that it will combine MexicoSPAN with its YucatanSPAN, GulfSPAN and FloridaSPAN programs in order to deliver the industry’s only complete, basin-wide regional view of the Gulf of Mexico. For the first time, the […]

  • 18 May 2018

    Seismic contractor ION Geophysical has announced a new 2D multi-client program offshore Grand Banks in Newfoundland, Canada.

  • 18 August 2015
    Business & Finance

    ION Geophysical Corporation, a seismic survey company providing services to the international offshore oil and gas industry, needs to work on its share price. The company received notice on August 11, 2015 from the New York Stock Exchange (the “NYSE”) that the price of its common stock fell below the NYSE’s continued listing standards. The […]

  • 28 November 2011
    Business & Finance

    ION Geophysical Corporation, a provider of geophysical technology, services, and solutions for the global oil & gas industry, today named Gregory J. Heinlein as its Senior Vice President and Chief Financial Officer. Mr. Heinlein will assume the CFO position previously held by R. Brian Hanson, ION’s President and Chief Operating Officer.  Mr. Hanson, who will […]

  • 7 September 2016

    Schlumberger’s WesternGeco and seismic firm ION Geophysical have announced a new 3D multiclient reimaging broadband program offshore Mexico, which uses Mexico’s National Hydrocarbons Commission (CNH) data library. The Campeche 3D reimaging program comprises three survey areas covering approximately 82,000 km2 in the Bay of Campeche offshore southern Mexico. The program will be processed using a combination […]

  • 4 May 2018
    Business & Finance

    ION Geophysical has reported revenues of $33.5 million in the first quarter 2018, a 3% increase compared to revenues of $32.6 million one year ago. ION’s net loss was $18.4 million, or $(1.44) per share, compared to a net loss of $23.3 million, or $(1.98) per share in the first quarter 2017. Excluding special items […]

  • 25 March 2015
    Project & Tenders

    ION Geophysical Corporation today announced completion of the seismic acquisition stage of the company’s NamibiaSPAN™ program, which extends the full length of Namibia’s offshore continental margin. Acquisition was conducted in cooperation with BGP (China National Petroleum Corporation). With an estimated 100 billion barrels of oil remaining to be discovered and produced in Africa’s offshore waters, […]

  • 23 November 2018
    Business & Finance, Equipment, Operations & Maintenance

    New technology developed by MacArtney and ION Geophysical has been launched to gather data for enhanced exploration and production of oil and gas. The technology is in the form of a SailWing actuator and control system designed to ensure the correct positioning and stability of seismic survey source arrays. Earlier this year MacArtney provided six […]

  • 7 April 2014
    Business & Finance

    ION Geophysical Corporation has been awarded permits to acquire 12,600 km of seismic data offshore Peru. The 2D multi-client survey, known as PeruSPANTM, covers the offshore margin from the Talara basin in the north, to the Pisco basin in the south. ION has developed the program in close cooperation with, and input from, PeruPetro, to increase geological knowledge to […]

  • 13 November 2017
    Business & Finance

    ION Geophysical has regained compliance with the NYSE’s share price continued listing standards. 

  • 4 April 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    ION Geophysical secured a contract to conduct a seismic survey offshore Lebanon, Energy and Water Minister Gebran Bassil announced. As Daily Star reports, ION will carry out the survey 40 km beneath the seabed. The survey is expected to determine whether the country’s petroleum potential deposits of Levantine Basin are in the form of oil […]

  • 11 March 2016
    Business & Finance, Equipment

    ION Geophysical has acquired Global Dynamics Incorporated (GDI), an Ontario-based company that designs and develops marine towing systems and equipment, including its proprietary SailWing technology. ION said it plans to leverage SailWing technology to develop and sell commercial products for both source control and streamer deployment optimization in the towed streamer segment and to commercialize […]