The Norwegian Petroleum Directorate (NPD) has acquired about 4,500 kilometers of 2D seismic offshore Norway.
Marine seismic acquisition company Polarcus has extended the agreement with Norwegian geophysical player TGS for an additional year.
Norway’s Electromagnetic Geoservices (EMGS) has entered into two deals with a total value of about $5.9 million.
EMGS has entered into data licensing agreements related to 3D CSEM multi-client data in the Barents Sea in Norway.
Chief executive officer of CGG will be leaving his position next year once the company completes its financial restructuring.
A court in Paris, France has approved the safeguard plan of CGG, a marine seismic acquisition and processing company. The French company on Friday said that the Commercial Court of Paris had approved the plan, after finding the claims filed by certain holders of CGG’s convertible bonds against this
The UK has released the government-funded seismic data covering the under-explored areas in the UK North Sea. The release contains 19,000 km of newly acquired broadband seismic data, and the Oil and Gas Authority hopes the data will promote exploration activity in under-explored areas of UK Continen
Norwegian geophysical Magseis has been awarded a contract by an unnamed client in the North Sea.
CGG’s shareholders have approved all the resolutions required to implement the company’s financial restructuring plan.
CGG recorded a net loss of $124.4 million for 3Q 2017 on revenues of $320 million amid its financial restructuring process.
A Remøy Group subsidiary, Remøy Standby, has sold the Ocean Odyssey vessel to a Norwegian client, Maritim Research I, a subsidiary of Maritim Management. Ocean Odyssey is a seismic research vessel of Aker AH 03 design, built by the Norwegian Søviknes yard in 2005. The vessel previously worked for We
Edinburgh-based Concept Systems, a wholly owned subsidiary of ION Geophysical, has received backing from Scottish Enterprise for the enhancement of its Orca software. The Orca software is a survey planning and management tool for marine seismic survey planning. As explained by ION, Orca integrates a
Searcher Seismic has started a multi-phase work offshore Argentina, with the first phase being an Offshore Basin Analysis Report providing a regional framework to understand the offshore basins of Argentina, assisting industry’s exploration efforts. The report has a single stratigraphic scheme with
Norwegian Ocean Bottom Seismic services provider Magseis saw its revenues rise to $19.4 million in the second quarter, boosted by work in Saudi Arabia and Norway. The company said its survey in with the Artemis Athene vessel in the Red Sea, being done for Saudi Aramco, along with OBN work for Conoco