Norwegian seismic services company Petroleum Geo-Services (PGS) returned to quarterly profit on the back of cost-reductions. PGS on Thursday posted a profit of $10.4 million for the second quarter of 2018 compared to a loss of $32.2 million in the same period last year. The company’s revenues were f
Seismic vessel fleet owner SeaBird Exploration is in talks to buy the Geowave Voyager vessel and some seismic equipment from France’s CGG for $17 million. The Geowave Voyager was built in 2009 for an original construction cost of $120 million, excluding in-sea recording and source equipment, and has
Providence Resources has found evidence of a potential working petroleum system in the Newgrange prospect.
PGS has completed a 3D seismic survey over the P.2170 license area and certain offset acreage conducted as part of a wider GeoStreamer MultiClient 3D seismic survey in the Moray Firth area off the UK.
Multi-client seismic data specialist Spectrum has begun the acquisition of its offshore multi-client 2D seismic survey in the eastern Turkish Black Sea.
Mobilization of Gardline’s Kommandor vessel to conduct a new seismic survey over Providence Resources’ Newgrange prospect, located off the south-west coast of Ireland, has started.
CGG has delivered the final PSTM products for the Dunquin multi-client survey in the Porcupine Basin offshore Ireland.
Polarcus has been awarded an XArray 3D marine seismic acquisition project.
Two Norwegian seismic companies TGS and PGS have announced a new multi-client project in the Barents Sea, offshore Norway, labeled the Nansen 3D Geostreamer.
SeaBird Exploration has signed an agreement to supply one 2D vessel for an upcoming survey in northwest Europe.
CGG returned to quarterly profit, following successful completion of financial restructuring during the first quarter of 2018.
Irish oil and gas player Providence has hired Gardline to carry out a 2D seismic survey over the crest of the Newgrange prospect 260 kilometers off the south-west coast of Ireland.
Shearwater Geoservices has been awarded a UK North Sea high-resolution 3D project on the Tolmount Field for Premier Oil.
Statoil and its partners in the P.2170 license in the UK North Sea, which contains the Verbier discovery, have decided to pre-fund a seismic survey over the area with an appraisal well planned for this summer.