EGS Group has signed a three-year contract with Chevron for offshore geophysical data acquisition services in the Gulf of Thailand.
In need of additional financing, the Norwegian geophysical services company, EMGS, has started working on a refinancing proposal.
Oslo-listed marine seismic player Polarcus tightened its quarterly net loss despite lower revenues and impairment charges.
Marine seismic player Polarcus has taken ownership of two N-Class seismic vessels for $75 million.
Magseis, a Norwegian geophysical company, has filled the chief financial officer and SVP Sales positions.
French geophysical services company CGG has finalized the implementation of its financial restructuring plan launched over a year ago. Following shareholders’ approval of all resolutions required to implement CGG’s financial restructuring plan in November, CGG’s plan was approved by the Commercial C
SeaBird Exploration has signed an agreement to provide a source vessel for an upcoming survey in West Africa.
Marine seismic acquisition provider SeaBird Exploration has terminated an agreement for the charter of the Munin Explorer seismic vessel.
Seismic specialist Polarcus has won a contract to carry out a 4D marine seismic survey.
EGS Survey has begun a ‘major’ offshore survey for Anadarko’s Mozambique Area 1 LNG development.
Norwegian geophysical services company EMGS might be facing a going concern issue amid low backlog levels and challenging market situation. According to EMGS’ financial report on Thursday, at the end of the fourth quarter of 2017, the company’s backlog was $3.2 million compared with a backlog of app
Searcher Seismic has expanded its Argentinian multi-client library by offering over 97,000 km of seismic data.
TGS has been cleared by Mexican regulator CNH to process its entire library of more than 30,000 wells in Mexico.
Affected by impairment charges, Norway’s seismic player PGS posted a bigger quarterly loss despite an increase in revenues.
