PGS seismic vessel Ramform Tethys is about to start a 3D multi-client survey offshore East Shetland, in UKCS waters. Production will start this week and the first data should be available in Q3 2020. The seismic will cover both frontier and mature areas to enable the interpretation of the internal r
TGS has started the Gambito 2020 3D seismic survey offshore The Gambia. Under the cooperation of The Gambian Ministry of Petroleum & Energy (MOPE), the acquisition is being undertaken in conjunction with BGP, utilizing the BGP Prospector vessel. The 4,770-square kilometer Gambito 2020 3D survey cove
Oslo-listed seismic player SeaBird has decided to reduce costs further and postpone capex until the market situation normalizes. The company said that immediate effects of the COVID-19 situation are operational. In particular, SeaBird said it is experiencing difficulties with crew changes for existi
Shearwater GeoServices said it has received project termination notices for two contracts in Asia Pacific. The first termination includes a short project for Woodside in Australia. The project is a part of Shearwater’s largest-ever 4D seismic campaign in the Asia Pacific. The campaign covers new 4D
National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Santos’ Keraudren Extension 3D seismic survey, offshore Australia. Santos proposed to undertake a 3D seismic marine survey over a portion of exploration permit areas WA-435-P, WA-436-P, WA-437-P and WA-4
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted a plan for a 2D seismic survey in the Browse and Offshore Canning basins submitted by Japan’s Inpex.
Seismic players ION Geophysical and WesternGeco have reached a settlement of the decade-long patent litigation regarding lateral streamer positioning. The parties have signed a deal where WesternGeco will permanently dismiss the pending lawsuit, grant ION a license to the patents and lift the injunc
Norwegian seismic services company EMGS has noted an extremely low vessel utilization for the first quarter of 2020 due to project cancelations, which ensued following the recent oil price drop and the coronavirus pandemic. As a result, one of EMGS’ vessels is up for a cold-stack.
Oil and gas company Global Petroleum has agreed to license pre-existing 3D seismic data in its 2011A (PEL0094) offshore Namibia Block.
SeaBird Exploration has received cancellation notice for the ocean bottom node (OBN) surveys in West Africa. The end-client has decided to cancel the two OBN surveys due to the COVID-19 situation. SeaBird primarily received the letter of award for the surveys in January of this year, and the work wa
Marine geophysical firm PGS said it expects the low oil price to have a material negative impact on demand for seismic services and activity. The company is implementing cost and capital expenditure measures to meet an expected significant revenue reduction, with details to be provided in Q1 2020 ea
Seismic services provider PGS has completed the acquisition on its MC3D Kwanza Shelf survey offshore Angola.
Norwegian seismic player TGS has decided to start work on the industry-funded Atlantic Margin 20 (AM20) 3D multi-client project as soon as the marine seismic acquisition season gets underway in northwest Europe this summer.
Polarcus has come up with a $15 million cost reduction plan to navigate the current uncertainty facing the marine seismic acquisition market due to the combined impacts of the COVID-19 pandemic and oil price volatility.
