Mediterranean shiprepair facility Gibdock has completing an extensive two-vessel drydocking and maintenance project for Shearwater GeoServices. The Gibraltar-based repair and conversion specialist worked on the seismic research vessels Oceanic Sirius, and SW Empress. The project went smoothly despit
Polarcus has entered into a contract with Eni for 3D seismic data acquisition services in Asia Pacific. The project will have an expected minimum duration of one month. The project is scheduled to start in Q1 2021, subject to relevant approvals. The company did not reveal the value of the contract n
PGS has recently started ultra-high-density seismic survey in the Barents Sea. The survey extends Hammerfest Basin coverage further west and north into the southern Loppa High. The first data will be available in the fourth quarter of 2020. The acquisition geometry builds on the configuration previo
Polarcus, a Dubai-based seismic contractor, has recorded a drop in its vessel utilization in the second quarter of 2020. The vessel activity decreased from 72 percent in Q2 2019 to 50 percent in Q2 2020. According to Polarcus, on a contracted basis the vessel utilization dropped to 50 percent in Q2
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved SapuraOMV’s plan for the Kanga-1 geophysical and geotechnical site survey offshore Australia.
Shearwater has through its first deep-water ocean bottom node (OBN) survey project demonstrated its strategic positioning in the OBN market. In March, Shearwater secured its first deep-water OBN award. The project was launched in the second quarter, breaking the cost curve by implementing a wide-tow
Shearwater GeoServices has secured two new projects, a seismic survey and processing contract by Oil India, and a project by CGG in Brazil as part of the five-year capacity agreement. The project for Oil India is a combined 3D and 2D towed streamer seismic acquisition and processing contract in the
TGS, in partnership with PGS, has released the final Torngat 3D seismic data results, offshore Labrador. The Torngat survey, which covers approximately 3,300 square kilometres and encompasses sections of the open acreage included in the Labrador South November 2021 bid round, was acquired in 2019 ov
PGS and ION Geophysical have announced an agreement to collaborate globally on 2D exploration data. Both companies have multiclient data libraries that together cover all the significant hydrocarbon provinces around the world. The new joint data library will comprise nearly a million line kilometres
Seismic player Seabird said it has secured an OBN source contract in the North Sea. According to the Oslo-listed company project mobilisation should take place in July this year. The company noted that it is a short duration contract where it will use its 3D/2D long offset/source vessel Eagle Explor
Russian company, Sovcomflot, has withdrawn redelivery notice for Vyacheslav Tikhonov seismic vessel with Polarcus. In December of last year the companies agreed to postpone the redelivery of the vessel until the completion of work which Sovcomflot secured in Asia. The redelivery was expected in Q2 2
Polarcus is taking further actions to streamline its business and adjust operational capacity to align with current market conditions. This follows on the $15 million cost reduction plan implemented due to the COVID-19 pandemic and oil price volatility. The company has additionally streamlined and r
Oil company Santos has completed fast track interpretation of the data acquired during the Keraudren 3D seismic survey offshore Australia, resulting in a high-quality data set.
TGS, in collaboration with the ANPM, has started a 2D cubed seismic data project covering offshore Timor-Leste, in support of the country’s ongoing license round. The project combines all available open file and TGS multi-client data across an area of over 50,000 square kilometres and incorporating
