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Seismic Vessel Tech

UAE's Adnoc Awards USD 1.6bln Contract to China’s CNPC

Image: ADNOC

The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues to identify and unlock new opportunities and maximize value

PGS Below Q2 Expectations but Outlook Improves

(Photo: PGS)

Shares of seismic services company PGS, which surveys the seabed for oil and gas deposits, dropped on Thursday on lower-than expected second-quarter results but its CEO said the market outlook was improving.PGS's April-June core operating earnings (EBITDA) rose to $136.0 million, below the $144 million expected by analysts in a Reuters poll,

Court Dismisses Claim against Armada Seismic Invest II

Polar Duchess. Photo: GC Rieber Shipping

 The Supreme Court has dismissed claims of EUR 9 mln (USD 10.51 mln) from Norway's PGS Geophysical (UK) Limited against Armada Seismic Invest II AS in connection with the delivery of 3D seismic vessel Polar Duchess, said a press release from GC Rieber Shipping ASA.   The Norwegian shipping company

SeaBird Exploration Acquires Geowave Voyager

CGG Seismic Fleet. Photo: CGG

SeaBird Exploration announced it is in an exclusive process to acquire the seismic vessel Geowave Voyager and certain seismic equipment from Exploration Vessel Resources II AS, a wholly owned subsidiary of CGG S.A., for a cash consideration of $17 million.SeaBird intends to carry out a private placement

BMT Supports Commissioning of the Royal Navy’s HMS Magpie

Photo by BMT

 BMT has supported the Atlas Elektronik UK (AEUK) team in the delivery and subsequent commissioning of the Royal Navy’s (RN) HMS Magpie which will join the RN’s hydrographic squadron, replacing the veteran Inshore Survey Vessel HMS Gleaner.    The commissioning of HMS Magpie took place on 28th June 2018,

SeaBird Exploration Appoints Hans Petter Klohs as CEO

Photo: SeaBird Exploration Group

SeaBird Exploration, a global provider of high end 2D, source and shallow water 2D/3D seismic services and associated products to the oil and gas industry, appointed Hans Petter Klohs as new CEO of the Company. The Board of Directors of the Company announced that The appointment takes effect as of 24 June 2018.

Polarcus Names Oestergaard COO

(Photo: Polarcus)

Seismic vessel owner Polarcus Limited has appointed Lars Oestergaard as chief operating officer effective immediately. He will lead the company’s geophysical, operations and sales teams as well as the EHSQ department.Oestergaard joins Polarcus from Maersk Drillingm, where he held a number of operational and commercial roles,

Petroleum Geo-Services, TGS Wins Canadian Survey Contract

Map: TGS

 TGS and Petroleum Geo-Services (PGS) announce the commencement of a new 3D multi-client project in East Canada.    The new Tablelands 3D Geostreamer survey will cover approximately 8,000 km² in an active Newfoundland area of the Flemish Pass and Orphan Basins. Acquisition is expected to complete in late Q3 2018.

Sri Lanka Signs Deal for $50 Mln Offshore Seismic Study

Sri Lanka on Wednesday signed an agreement with a subsidiary of U.S. firm Schlumberger for a $50 million seismic study off the country's east coast to evaluate any prospective oil resources, a senior government official said.Sri Lanka signed the agreement with Eastern Echo DMCC, a subsidiary of Schlumberger,

The EU's Maritime Spatial Planning Goes Global

Image: European Commission

 160 experts from all over the world have gathered in Brussels on 24 and 25 May for the first meeting of the International Forum on Maritime Spatial Planning. They have discussed ongoing projects both in the EU and abroad and shared views on the challenges of planning public sea space across borders.

Shearwater GeoServices Wins Contracts in West Africa

Photo: Shearwater GeoServices

GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices has been awarded a contract to acquire 3D seismic for Genel Energy in the Sidi Moussa license offshore Morocco. Additionally, Shearwater has been awarded a five months contract for an undisclosed client engaged in West Africa.

Mannering Named Polarcus Chairman

(File photo: Polarcus)

Michael Mannering has been nominated to succeed Polarcus’ outgoing chairman of the board, Peter Rigg, with effect from the 2018 AGM on May 10.Rigg will retire after a decade as chairman of the marine geophysical company, having served in the role since the company’s inception in 2008.Mannering has previously

Seabed Geosolutions bags 3D OBS contracts in M.E.

Seabed Geosolutions provides comprehensive ocean bottom seismic (OBS) solutions Photo Seabed Geosolution

 Seabed Geosolutions has received a contract award for an ocean bottom seismic project in the Middle East. The survey to acquire high quality 3D seismic data, which has a contract value of around US$25 million, is planned to commence in the fourth quarter of 2018.  

Fugro/CGG JV Wins Seismic Survey Contract

Fugro and CGG joint venture Seabed Geosolutions said it was awarded a contract for an ocean bottom seismic project in the Middle East. The survey to acquire 3D seismic data is planned to commence in the fourth quarter of 2018. The contract value of around $25 million.

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