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Spectrum is Now TGS

Pic: Spectrum

Norwegian seismic player TGS-NOPEC Geophysical Company (TGS) has completed its acquisition of Spectrum, creating a global multi-client geophysical data provider.TGS first announced its intent to acquire Spectrum on 2 May 2019, said a press release from TGS.Completion of the acquisition and the merger

SeaBird Faces Delays in Seismic Surveys

Image: SeaBird Exploration

SeaBird Exploration, a global provider of marine 2D and 3D seismic data and associated products and services to the oil and gas industry, has estimated that its ongoing seismic surveys in West Africa and Americas will both be completed about two months later than originally planned.The the ongoing niche

DNV GL, Kongsberg and Subsea 7 Finish Remote DP Pilot

Subsea 7’s diving support vessel Seven Kestrel (Care of Subsea 7)

Partners DNV GL, Kongsberg Maritime and Subsea 7 have concluded the pilot testing of Kongsberg Maritime’s (KM) DP Digital Survey (KMDS) application on board the Subsea 7 vessel Seven Kestrel.The pilot tested the use of a remote digital verification tool for testing dynamic positioning (DP) systems

Exxon Ships Have Not Returned to Disputed Area off Guyana

© Zerophoto / Adobe Stock

Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana's coast have not returned to the site of a December incident with Venezuela's navy, but they may in the future, Guyana's foreign minister said on Thursday.Guyana, with no history of oil production, has become the focus of intense

ClassNK Opens New Survey Office in Italy

Image: ClassNK

Leading classification society Nippon Kaiji Kyokai, also known by the brand name 'ClassNK', has opened a new exclusive survey office in Reggio Calabria, Italy with operations beginning 5 December, 2018.Reggio Calabria, located in Southwest Italy, faces the Strait of Messina which crosses through the Italian Peninsula and Sicily.

Petrobras, Murphy to Explore in GoM

File Image: Credit AdobeStock / © DonVictorio

Brazil's state-controlled Petroleo Brasileiro SA (Petrobras) said on Monday it had sealed a joint venture with Murphy Exploration & Production Company to explore oil and gas fields in the Gulf of Mexico, according to a securities filing.Petrobras received $795 million for the deal, and will have a 20 percent stake in the venture.

Griffon Hoverwork to Launch New Model

Photo: Griffon Hoverwork

Griffon Hoverwork will launch  its new 995ED model at  Exponaval in Valparaiso, Chile.“Griffon is hugely excited to unveil the highly innovative 995ED which is specially designed for search and rescue, coastguard and surveying work complementing Griffon’s range of marine grade aluminium hovercraft,”

PGS Offers Seismic Vessel to Japan

Image: PGS

Norwegian seismic services provider Petroleum Geo-Services (PGS) has offered to sell the Ramform Sterling vessel to the Japan Oil, Gas and Metals National Corporation (JOGMEC).The seismic services that help oil companies to find oil and gas reserves offshore worldwide said in a press release that it had been informed that JOGMEC,

SeaBird Takes Delivery of Seismic Vessel from CGG

© Patrick Deenik / MarineTraffic.com

Norwegian seismic surveyor SeaBird Exploration said it had taken delivery of the Geowave Voyager from France's CGG, and the vessel has been renamed Eagle Explorer.The vessel was acquired fully rigged with 40km streamer and dual source, for $17 million and a NOK 120 million private placement.As part of the purchase agreement,

Construction Starts on OSU's Research Ship

Photo: Oregon State University

Construction of a new Oregon State University (OSU) bound research ship that will advance the science of coastal environments, and support research on topics such as ocean acidification, hypoxia, and sea level rise, officially began today at Gulf Island Shipyards in Louisiana.Officials from OSU the

Polarcus Wins 3D Project in West Africa

(Photo: Polarcus)

Offshore geophysical firm Polarcus Limited said Thursday it has received an award for a 3D marine seismic acquisition project in West Africa.The award comprises two surveys of approximately three months each, with the first survey expected to commence Q2 2019 and the second survey Q4 2019.

TGS Remains Upbeat as Shares Drop

TGS CEO Kristian Johansen (Photo: TGS)

Oslo-listed seismic surveyor TGS fell more than 10 percent after reporting disappointing third-quarter results on Thursday, as oil firms were still too cautious to spend despite a raft of upbeat earnings.TGS, which maps the seabed in search of hydrocarbon deposits for oil firms, reported quarterly operating profit of $24 million,

Fugro Q3 Revenue Jumps

(Photo: Fugro)

Dutch deep-sea prospector Fugro has reported a 29.1 percent rise in third-quarter revenue on a comparable basis, driven by the expansion of offshore wind developments and a recovery in the global oil and gas market.Rising oil prices have helped Fugro by making it more economic to prospect for the hard-to-reach

Turkish Ship to Continue Explorations in Mediterranean

© Dmytro Vlasov / MarineTraffic.com

A Turkish energy exploration ship will continue to operate in the Mediterranean Sea, the energy minister said on Friday, after Ankara said the navy stopped a Greek frigate from harassing the ship due to territorial disputes.Turkey, Greece and Cyprus's internationally recognized Greek Cypriot government

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