China Oilfield Services Limited (COSL), an offshore oilfield service provider, is nearing the completion of a seismic survey offshore Gabon. COSL said on Wednesday that the seismic vessel Hai Yang Shi You 720, or HYSY720 for short, would complete the Gabon survey in early April 2017 as scheduled. Th
French geophysical company CGG has agreed in principle with its longstanding partner Eidesvik, a Norwegian shipping company, and its Nordic lenders to establish a new ownership set-up for its operated fleet. CGG said on Friday this agreement is reflecting its focus on competitiveness and strict oper
Electromagnetic Geoservices ASA (EMGS) has entered into agreements involving data licensing related to 3D EM data in the Barents Sea, offshore Norway. EMGS, a Norwegian provider of electromagnetic survey services for the oil and gas industry, said that the agreements entailed prefunding and late sal
Norwegian geophysical company Magseis has entered into a letter of intent with an unnamed provider of offshore vessels regarding a potential vessel charter. Magseis said in a statement on Tuesday that such agreement includes an option for the lease of certain seismic equipment. However, the company
Geokinetics, a provider of integrated seismic data acquisition, processing and reservoir analysis solutions, has been awarded a contract by Brunei Shell Petroleum (BSP) to acquire a high resolution 3D seismic survey, offshore Brunei Darussalam. According to Geokinetics’ statement on Monday, the acqu
French geophysical services company CGG has completed processing of the Carabao regional multi-client study acquired offshore the Philippines. CGG said on Wednesday that the study integrated over 8,500 kilometers of new broadband pre-stack time-migrated 2D BroadSeis data and complementary marine gra
Electromagnetic Geoservices ASA has entered into agreements involving data licensing as well as processing and interpretation services related to 3D EM data in Norway and Mexico. According to the Norwegian company the agreements represent revenues of approximately $2 million. “EMGS is pleased to ann
Greek oil firm Energean Oil & has signed an exploration and production concession contract with Montenegro covering offshore blocks 4219-26 and 4218-30. To remind, the company had reached an agreement over the blocks in mid-2016, however the deal had to be ratified by the Montenegro government. Foll
French geophysical company CGG has decided to reduce vessel charter cash costs for the seismic vessel Oceanic Champion while under strict cost and cash management. The geophysical company said on Tuesday that, in line with the agreements announced in January regarding three vessels, the Viking Vanqu
Marine geophysical company Shearwater GeoServices has been awarded an extension to an ongoing contract in the Asia Pacific region. Shearwater, jointly owned by GC Rieber and Rasmussengruppen, will undertake an additional 835-square kilometer 3D broadband acquisition and associated depth processing f
TGS, a marine seismic data acquisition specialist, will begin a new multi-client acquisition project in the Barents Sea soon. TGS said on Monday that the project, named Carlsen 3D (CAR17 3D), is a 5,490-square kilometer multi-client survey in open acreage located in the Southwest Barents Sea between
U.S.-based geophysical company FairfieldNodal will conduct back-to-back surveys in the UK and the Norwegian part of the North Sea. The company said on Thursday that the two campaigns would begin in early April 2017. Due to the specific conditions of the North Sea, FairfieldNodal will be employing it
Multi-client seismic data specialist Spectrum has completed the 17,700 km Santos Campos Phase Two 2D seismic survey offshore Brazil. Spectrum said on Friday that the new acquisition program was an outboard extension of its 2012 Santos Campos Phase One survey, and tied other programs in the Santos, C
Marine seismic acquisition company Polarcus has finalized a contract for a 3D marine seismic acquisition in Australia and extended a deal for a seismic acquisition project in West Africa. Polarcus said on Friday that the Australian seismic work would deliver a high quality broadband data-set utilizi
