TGS, in partnership with PGS and SLB (ex-Schlumberger), has secured pre-funding for a 6,885 square kilometer multi-client 3D seismic survey offshore Malaysia in North Luconia Province of the Sarawak Basin. This new acquisition is set to kick off in June 2023, using PGS' Ramform Sovereign vessel.The survey is the second phase of a multi-year contract awarded initially by Petronas in August 2020 to acquire and process up to 105…
SundaGas Banda Unipessoal, a subsidiary of UK-based oil and gas company Baron Oil, has completed geophysical site surveys at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste, and is planning to start a new one next month…
Baron Oil, through its fully owned subsidiary SundaGas Banda Unipessoal, has awarded contracts for the site survey at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste.Site survey operations at the gas field…
Carbon capture and underground storage (CCUS) is touted by proponents of fossil fuel production and consumption as the technology that will keep oil and gas in the global energy mix. It is, and at the same time, it isn't.The International Energy…
Australian oil and gas company Santos has entered into a strategic collaboration agreement with Abu Dhabi based oil and gas firm ADNOC to collaborate on carbon capture and storage (CCS) projects.The agreement will explore the potential for establishing…
Norwegian subsea services company Reach Subsea has completed the acquisition of the Australian marine survey company Guardian Geomatics Pty. Reach Subsea had announced the proposed acquisition of Guardian Geomatics in October.It said at the…
Malaysia's Petronas said Wednesday it had undertaken a new offshore multi-client 2D seismic survey in the northern area of the Straits of Melaka (Straits of Malacca) to explore and map the hydrocarbon potential in the open blocks of PM320 and PM321 of the Langkasuka Basin…
Indonesia's state energy company Pertamina and U.S. oil majors Exxon Mobil and Chevron Corp. are moving ahead with their discussions to invest in carbon capture facilities, while Exxon eyes a petrochemical project in the country.Pertamina and…
ADNOC, AIQ, and SLB said Wednesday they had launched a new AI-driven solution for reservoir analysis and field development, enabling the acceleration of the digital transformation of the energy sector. According to the trio, the Advanced Reservoir…
Offshore survey services and geo-data specialist Fugro on Tuesday announced the opening of its new geotechnical testing laboratory in Kaohsiung, Taiwan. Fugro said the new lab would bolster the company's capability to deliver advanced geotechnical testing for the offshore wind market…
Shares in European-listed companies with major business exposure to Israel fell on Monday on concerns over the potential for their operations there to be affected by a possible escalation of the conflict in the Middle East.Energean fell as much as 16…
Norwegian marine seismic survey services firm Seabird Exploration has signed a Letter of Award for a 2D contract in the Eastern Hemisphere with a repeat client. The duration of the contract is expected to be around three months. Pending customary permitting and prefunding approvals…
TGS, a Norway-based offshore seismic data services provider, has secured funding for a series of multi- client projects in Southeast Asia, which are expected to start in late Q4 2023. The program covers six months of new 2D and 3D seismic data acquisition…
Norwegian offshore seismic firm PGS and JV consortium partners TGS and SLB have signed a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province offshore Malaysia. This will be achieved by reprocessing…
French seismic data firm CGG said Tuesday that its subsidiary Sercel had made a major sale of its GPR300 seabed nodal solution to Sinopec, the Chinese oil and gas exploration, refining, and distribution company. Over 6,000 nodes will be deployed…
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