Search results for: geophysical

3458 results

A list of search results

  • 30 March 2015
    Business & Finance, Equipment

    The CFO of MultiClient Geophysical (MCG), Renate Mørch, has handed in her resignation and will leave the company when a successor is found, at the latest within three months. Renate Mørch has been the CFO of MCG since April 2008. Renate is a Norwegian citizen, and holds a Master in Business and Economics from the […]

  • 17 June 2016
    Business & Finance, Equipment, Operations & Maintenance

    Oslo-listed MultiClient Geophysical (MCG) said it has reduced employee compensation by close to 30% compared to 2015 as part of the company’s cost cutting measures in order to improve its position in a challenging market environment. The cost saving exercise has been carried out through voluntary salary reductions and / or reduced working hours, the company said. The […]

  • 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 […]

  • 26 July 2011
    Business & Finance

    On Friday 23rd July 2011, Dolphin Geophysical welcomed the State Minister of Senegal, Minister of International Cooperation, Air Transportation, Infrastructure and Energy, His Excellency Karim Wade on-board the Artemis Atlantic, along with 60 other journalists and society (Petrosen) members. The invitation was made prior to the commencement of the upcoming North-West Africa, 2D, Multi-Client survey. […]

  • 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 […]

  • 17 June 2016
    Business & Finance

    Norwegian marine seismic contractor MultiClient Geophysical is cutting worker’s wages, aiming to slash the overall costs. The company has reduced employee compensation by close to 30% compared to 2015 levels. The cost saving exercise has been carried out through voluntary salary reductions and / or reduced working hours, the company said on Friday. The company said […]

  • 22 March 2016
    Business & Finance, Equipment

    Polarcus, an offshore geophysical company, has announced the purchase of a complete marine seismic in-sea acquisition system from a Norway-based seismic acquisition specialist, Dolphin Geophysical, for a price of $11.5 million. The streamer package comprises 12 x 8100m active streamers and all peripheral in-sea equipment. According to Polarcus, the purchase provides the company with its […]

  • 12 February 2019
    Project & Tenders

    Specialist Marine Consultants (SMC) has won a framework agreement from Total to provide geophysical acquisition supervision. The contract was awarded for a period of three years, the company informed. “SMC is very pleased to have been awarded a framework agreement which will see it support a number of seismic supervision services throughout the three year […]

  • 1 July 2011
    Business & Finance

    Fugro has reached agreement with AOA Geophysics to acquire 100% of the shares in the company. AOA Geophysics is based in Houston and provides geoscience consultancy and contracting services to the offshore oil and gas sectors, with particular expertise in marine oil seep exploration and the interpretation of geophysical data in complex ground conditions, including […]

  • 25 January 2017
    Business & Finance

    Spectrum has made an offer to acquire all the issued and outstanding shares in MultiClient Geophysical (MCG) at a consideration of NOK 1.25 per share (offer price). The offer values the total share capital of MCG at NOK 116 million. Prior to Spectrum’s announcement of the offer, Geoex Limited made a voluntary offer on MCG on […]

  • 23 June 2014
    Business & Finance, Research & Development

    ​During a recent visit in Amsterdam, Minister for Transport and Infrastructure, Joe Mizzi signed an agreement with TGS, an independent geophysical company, for reprocessing of existing geophysical multi-client data and for marketing and licensing the reprocessed data to oil and gas companies. The reprocessing of geophysical data improves the quality of existing seismic data and […]

  • 14 October 2013

    MMT has two remotely operated towed vehicles (ROTV) equipped with various survey equipment for complete geophysical surveys. MMT has now upgraded the systems to be fully equipped with side scan sonars and sub bottom profilers, in addition to multibeam echo sounders, inertial navigation system and doppler velocity log. This means a complete geophysical survey can […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 3 October 2019
    Project & Tenders

    Germany’s Federal Maritime and Hydrographic Agency (Bundesamt für Seeschifffahrt und Hydrographie) has issued a tender for a geophysical site investigation in the N-6 offshore wind area in the German North Sea. The geophysical survey will be carried out in spring / summer 2020 as part of the geological pre-exploration for the N-6.6 and N-6.7 offshore […]

  • 29 May 2015
    Business & Finance

    The board of Norway-based provider of marine seismic surveys to the oil and gas companies, MultiClient Geophysical (MCG), has appointed Jon Stærkebye as its new Chairman at the annual general meeting. Stærkebye is succeeding Helge Bettmo, the previous Chairman of the Board, who was also a candidate for re-election. According to the company, Stærkebye will […]

  • 4 June 2012
    Business & Finance

    Dolphin Group ASA has appointed  Tim Wells as Chairman of the Board for Dolphin Group ASA. Wells has more than 35 years’ experience from the seismic industry. He began his career with Digicon Geophysical in Houston as a Processing Geophysicist and was rapidly promoted to manage their South and North American processing business. Later he […]

  • 3 October 2019
    Project & Tenders

    Germany’s Federal Maritime and Hydrographic Agency (Bundesamt für Seeschifffahrt und Hydrographie) has issued a tender for a geophysical site investigation in the N-6 offshore wind area in the German North Sea. The geophysical survey will be carried out in spring / summer 2020 as part of the geological pre-exploration for the N-6.6 and N-6.7 offshore […]

  • 20 April 2012
    Business & Finance, Equipment

    Dolphin Group ASA  announces that through their subsidiary Dolphin Geophysical Inc.(US) the company have purchased the entire stock of Open Geophysical Inc. (OGI). OGI develop and sell seismic processing software and has an existing client base including both major oil companies and seismic contractors. The software is purpose built for modern computer architectures and has […]

  • 2 April 2014
    Business & Finance, Equipment

    “This acquisition gives Sierra Hamilton another asset to bring to our clients in the industry and helps make a more powerful partner.”