Norwegian shipping company Eidesvik Offshore and French geophysical services company CGG have agreed to reduce the dayrate for the seismic vessel Viking Vanquish, effective from January 2017. Eidesvik said on Monday that the bareboat contract for the seismic vessel expires in November 2020 and the d
TGS, a marine seismic data acquisition specialist, has announced its first multi-client acquisition project in 2017, the AM17 Atlantic Margin 3D in the Norwegian Sea. TGS said on Thursday that the AM17 40,000 square kilometer project in the central-southern Norwegian Sea is the single largest 3D sur
Norwegian shipping company GC Rieber Shipping and Rasmussengruppen have completed the transaction regarding the forming of jointly owned marine geophysical company Shearwater GeoServices. GC Rieber said on Friday that the final conditions for transaction completion had been fulfilled. The two compan
Marine seismic services provider WGP Group, a subsidiary of Thalassa Holdings, has been awarded a contract from ConocoPhillips in the North Sea. The company will acquire seismic data sets on the Eldfisk field in the North Sea in 2017. The duration of the 2017 shoot is estimated at approximately two
Magseis, a Norwegian geophysical company, has been awarded a contract for a seismic acquisition survey in the North Sea by ConocoPhillips. Magseis said on Thursday that the contract was for a full azimuth 4D seabed seismic acquisition survey using the company’s proprietary Marine Autonomous Seismic
UK’s Oil and Gas Authority (OGA) has awarded four new contracts to supply more than 10,000 kilometers of reprocessed proprietary 2D seismic data of the UK Continental Shelf (UKCS) as part of the UK Government-funded seismic acquisition program. OGA said on Tuesday that the four contracts worth appro
After months in lay-up mode, the time has come for two of Eidesvik’s vessels to hit the open water again. The Norwegian shipowner has said that it has secured work for the seismic vessels Vantage and Veritas Viking. The vessels will be employed as source vessels and will work for the French seismic
Norwegian marine seismic data provider MultiClient Geophysical (MCG) narrowed its net loss and boosted revenues during the third quarter of 2016. When it comes to multi-client seismic market, the company claims the worst is behind. The seismic data provider on Friday posted a net loss $1 million, co
China Oilfield Services Limited (COSL), an offshore oilfield service provider, has completed a 3D seismic data acquisition project in the Barents Sea. The company won a contract for a 3D seismic acquisition, covering a total area of over 4,000 square kilometers in the Arctic region, in May this year
Seismic survey company SeaBird Exploration has reached an agreement for sale and decommissioning of the seismic vessel Hawk Explorer. SeaBird said on Monday that the decommissioning of the vessel was a part of the company’s efforts to reduce cost and adjust fleet capacity to better reflect current m
Geophysical survey vessel M/V Fugro Galaxy has arrived on location in the UK Seaward Licence P.2170 to begin a survey for Statoil over the Verbier prospect in the UK part of the North Sea. Independent oil and gas company Jersey Oil & Gas, a partner of Statoil in the license, said on Wednesday that t
The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea. “This agreement is extremely important, it allows
Norwegian offshore vessel provider Eidesvik Offshore and French geophysical company CGG have agreed to terminate with immediate effect the contract for the seismic vessel Viking Vision. According to Eidesvik’s statement on Thursday, the contract was due to expire at the end of July 2017. The shippin
Norwegian shipping company GC Rieber Shipping has signed an agreement with Rasmussengruppen to establish a new, jointly owned, marine geophysical company called Shearwater GeoServices. Shearwater GeoServices will become an integrated provider of marine geophysical services to oil and gas and multi-c
