PGS has completed the acquisition of the East Shetland Basin 2020 survey utilising Ramform Tethys vessel. The first results of the survey will be available in August. Despite the ongoing challenges posed by the Covid-19 pandemic, crew changes were carried out safely and efficiently, PGS said. Both t
Magseis Fairfield has appointed Mark Zajac as chief technology officer, effective June 01, 2020. Zajac joins from Schlumberger and brings over 30 years of experience in the oil field services industry. He will replace Nils Heieren, who has decided to leave the company after close to seven years. “I
TGS has started the acquisition of Atlantic Margin 20 (AM20) 3D multi-client seismic project offshore north-west Europe. The AM20 survey covers the latest APA19 awards in the Norwegian Sea and extends west into open acreage. This data will provide E&P companies with an interest in the ongoing awards
Marine geophysical firm PGS has released new multi-azimuth GeoStreamer 3D for Côte d’Ivoire. This 900-square-kilometre survey should provide increased resolution and sharper imaging of Upper Cretaceous plays in Côte d’Ivoire block CI-706. Recently completed final depth processing has improved illumi
Polarcus has completed acquisition of the 3D broadband seismic survey for Neptune Energy on the Petrel field, located in the Bonaparte basin of Australia. The 2,900 km2 survey expanded the area of seismic data Neptune holds and increased the quality and breadth of data. Initial findings from the sur
Results from a seismic inversion analysis for Empyrean’s Jade and Topaz prospects, located in Block 29/11 in the Pearl River Mouth Basin, offshore China, gave Empyrean confidence it has a world-class carbonate reservoir with excellent porosity and permeability at both prospects.
Marine geophysical firm PGS will carry out three new surveys for Eastern Canada in 2020. PGS’ new Blomidon, South Bank, and Torngat Extension GeoStreamer surveys are all supported by industry funding. Together they will cover approximately 10,000 square kilometres offshore Labrador and Newfoundland.
Shearwater GeoServices has secured a contract from Apache for a 4D seismic survey with 3D extension over the Forties field. The Apache-operated Forties oil field is located 110 miles north-east of Aberdeen in the UK sector of the Central North Sea. The project will start in Q2 2020 and should last f
TDI-Brooks, under contract to TGS, has completed the offshore multibeam phase offshore the Niger Delta. This survey took place in water depths of 750 to 3,500 metres. It is also Nigeria’s first regional multi-client multibeam and seafloor sampling study. TDI-Brooks’ R/V Gyre acquired 82,000 square k
GC Rieber Shipping has seen its quarterly loss widened on Subsea & Renewables fleet impairment as a result of current market. Namely, the company recognised an impairment of its Subsea & Renewables fleet in Q1 2020 of NOK 293.3 million. As a result, GC Rieber booked loss of NOK 301.6 million, agains
Oslo-listed SeaBird has recognized net loss of $0.3 million for Q1 2020, against net loss of $0.4 million in the same period in 2019. SeaBird recorded revenues of $25.3 million in Q1, a 105 per cent increase compared to $12.3 million in Q1 2019. Significant part of revenues in Q1 2020 relates to a 3
TGS saw profits slashed in the third quarter due to lower revenue amid challenging seismic market conditions.
Seabed seismic player Magseis Fairfield has slightly widened its quarterly loss despite major revenue drop against the prior-year quarter. The Oslo-listed company generated Q1 2020 revenue of $53 million, down from $120 million same time last year. Revenue was also down from Q4 2019 revenue of $ 74
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has begun an assessment of Beach Energy’s proposed T/30P geophysical and geotechnical seabed survey offshore Australia.
