The High Court in Makhanda has ruled that Shell’s exploration right to conduct seismic surveys on the Wild Coast of South Africa was granted unlawfully, setting it aside and putting an end to the months-long battle between climate activists and the oil major. The case sought to review the exploratio
TGS has completed the transaction to acquire the multi-client and processing business of ION Geophysical Corporation, referred to as the E&P Technology and Services (EPTS) business. The acquisition includes all of ION’s global offshore multi-client data library, data processing and imaging capabilit
Shearwater GeoServices has secured a contract with North Sea Natural Resources (NSNR) to conduct a 3D survey of the Devil’s Hole Horst prospect in the Central North Sea. The towed streamer survey covers approximately 1,586 square kilometres. It is expected to commence imminently and will continue fo
Norwegian seismic company PGS and oil and gas major Shell have entered into a multi-year agreement for access to a significant part of PGS’ multiclient data library. Under the agreement, Shell will gain rapid and easy access at scale to the PGS multiclient library which will play an important part i
Shearwater GeoServices has secured multiple contracts with a repeat customer for 2D and 3D seismic surveys offshore India. The awarded contracts comprise three 2D projects representing 13 vessel months of backlog, and two 3D projects for a further eight vessel months. Shearwater GeoServices is set t
Fugro has completed a series of trials and testing configurations for its new ultra ultra high resolution (UUHR) seismic system off the coast of the Netherlands. The SeisWind 3D system is designed to offer an efficient data acquisition footprint with the highest resolution to enable detailed ground
Searcher Seismic has received approval from the Government of the Republic of Trinidad and Tobago for the Tobago Trough multi-client 3D acquisition project. The acquisition is planned as a 6,500 km² wide-tow long streamer acquisition and processed through to Pre Stack Depth Migration. It will commen
Shearwater GeoServices has secured a seismic reprocessing project over Wheatstone, one of Australia’s largest producing gas fields, under a contract with Chevron Australia. Shearwater said it will deliver a “large” time-lapse 4D seismic imaging project over the field under an existing master contrac
A closer look at this week’s snapshot of the most recent energy transition-related developments reveals an outline of what the future may hold for the sector.
Equinor is planning to conduct seismic exploration activities in the Argentine Sea but the environmentalists claim that the development of the offshore oil industry there would be disastrous.
Magseis Farifield has signed an agreement with ExxonMobil affiliate for what is said to be a large ocean bottom node (OBN) project offshore Guyana. The contract was signed with Esso Exploration and Production Guyana Limited (EEPGL). The project is expected to be conducted using Magseis’ ZXPLR techno
Texas-based seismic solutions provider Geospace Technologies has signed an extended duration rental contract with compatriot marine geophysical services provider SAExploration for seabed ocean bottom wireless seismic data acquisition nodes. Under the agreement of an estimated value of $12 million, S
Norwegian seismic player TGS has made its first renewable energy venture investment with the acquisition of an equity stake in NASH Renewables, a start-up developing Software-as-a-Service (SaaS) solutions for the prospecting, construction and operations of wind energy projects. Led by former Siemens
Sercel, CGG’s Sensing & Monitoring division, has been selected as the successful bidder for the acquisition of ION Geophysical’s software business. Sercel said it plans to keep all employees associated with the business. According to the company, the acquisition is in connection with ION’s recently
