Geology & Geophysics
News
December 20, 2016
President Barack Obama banned new offshore oil and gas development in more than 100 million acres of the U.S. Arctic and undersea canyons in the Atlantic Ocean, an announcement certain to provoke a fight with the Republican-led Congress and his successor in the White House.
News
December 20, 2016
Benthic has been awarded a contract by the Libra Consortium for an offshore geotechnical investigation in the Libra field area, which lies about 140 miles off the coast of Rio de Janeiro, Brazil.
News
December 19, 2016
President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, a move that could indefinitely restrict oil production there, according to two people familiar with the decision.
News
December 19, 2016
BP agreed to buy stakes in West African licenses held by Kosmos Energy for $916 million as the British producer builds its natural-gas business following an acquisition in Egypt last month.
News
December 16, 2016
Charlotte Bishop, remote sensing projects manager, NPA Satellite Mapping, CGG, has been elected as chair of the Geological Remote Sensing Group (GRSG).
News
December 14, 2016
CGG announced that its equipment business, Sercel, has delivered four of its new-generation 508XT land acquisition systems to two seismic companies recently awarded survey work in India by ONGC and Oil India, as part of a new national seismic program commissioned by the Indian government.
News
December 09, 2016
Global spending on oil and natural gas exploration is set to fall next year to the lowest level in 12 years as the industry cuts costs and shuns more expensive areas, such as the Arctic, according to Wood Mackenzie.
News
December 08, 2016
OMV Petrom begins experimental gas production from Romania's Padina field.
News
December 08, 2016
Polarcus has received two Letters of Intent from two undisclosed clients for two additional marine seismic projects offshore South America.
News
December 08, 2016
Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software. Through a host of new features and greater workflow integration to support the Big Loop solution, Roxar RMS 10 provides improvements to the seismic to simulation workflow; new decision-support tools for improved reservoir management; and increased user performance and productivity.
News
December 06, 2016
PARIS, France -- CGG announced the delivery of near real-time imaging results for a 4,200 sq km BroadSeis 3D marine seismic survey acquired offshore Morocco. CGG delivered the very-fast-track (VFT) RTM PSDM volume to the client only four days after the last shot.
News
December 01, 2016
Premier Oilfield Laboratories (POL) has acquired MUD Geochemical, a geochemical laboratory and consulting company that provides X-ray Fluorescence (XRF) Analysis, and other geophysical services.
News
December 01, 2016
CGG announced that the final processed depth volumes (Kirchhoff and RTM PreSDM) from the company's recent 3D BroadSeis multi-client survey in the highly prospective Gabon South Basin are now available for license.
News
November 29, 2016
Emerson Automation Solutions has supplied its Roxar RMS reservoir modeling software to Kuwait Oil Company (KOC). The new licenses will be used to build more accurate and detailed reservoir models.
News
November 28, 2016
BP has acquired interests in two exploration prospects, Jock Scott and Craster, in the North Sea.
News
November 24, 2016
When OPEC exempted Nigeria from its plan to cut oil output for the first time in eight years, it highlighted how far Africa’s biggest producer has fallen.
News
November 23, 2016
Petroleum Geo-Services won conditional agreement from banks for a longer credit line and new investment from the billionaire Andresen family, as the Norwegian oil-services provider contends with the crude slump.
News
November 21, 2016
Total and SOCAR, the national oil company of Azerbaijan, have signed an agreement establishing the contractual and commercial terms for the first phase of production from Absheron gas and condensate field.
News
November 18, 2016
Over 50 years of North Sea exploration data has been mined as part of a Data Challenge set by Common Data Access (CDA), a subsidiary of Oil & Gas UK established to facilitate the sharing of well and seismic data by the oil and gas industry.
News
November 18, 2016
Drillers burned by a two-year slump in crude prices are slowing exploration of deepwater prospects off the coast of Africa, undermining a key driver of growth on the continent.
