Marine seismic acquisition company Polarcus has received a contract award for a broadband 3D marine seismic project in the Asia Pacific region. Polarcus announced the deal on Friday without revealing the identity of the client or any financial terms of the contract. The company did say that the proj
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
TGS, a provider of multi-client geoscience data to oil and gas companies, has decided to expand its multi-client library offshore Africa by an additional 11,500 kilometers of long offset broadband 2D seismic data in cooperation with PGS and GeoPartners. Namely, the expansion regards the Northwest Af
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
French geophysical company CGG has been awarded a contract by Mexican oil company Pemex to deliver an orthogonal wide-azimuth survey to improve subsalt seismic imaging in the Perdido deepwater area offshore Mexico. CGG said on Tuesday that the new wide-azimuth survey, covering 10,000 square kilomete
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
French geophysical company CGG has been awarded an extensive multi-client program by the Instituto Nacional de Petroleo (INP) to acquire seismic data offshore Mozambique. CGG said on Thursday that the multi-survey program is designed to improve industry insight into the region’s geology and provide
Searcher Seismic has informed that the acquisition of the 11,000 km Hahonua 2D seismic survey has started in the Gulf of Papua, offshore Papua New Guinea. This new acquisition, in partnership with BGP, increases Searcher’s total seismic data library in the region to over 70,000 km. In addition, Sear
Searcher Seismic, an independent multi-client company, has completed the acquisition of the Buscador Near-Shore 2D seismic survey offshore Mexico. Searcher said on Wednesday that the Buscador Near-Shore 2D seismic survey was acquired by its project partner, BGP. The survey data comprises 11,200 km o
TGS, a provider of multi-client geoscience data to oil and gas companies, has completed the acquisition of its 186,000 kilometers Gigante seismic survey offshore Mexico. TGS said on Tuesday that the acquisition of this survey began in June 2015 with five seismic vessels contracted to acquire a dense
