Magseis Fairfield, a marine seismic acquisition company specializing in Ocean Bottom Node surveys, has signed a system sales contract for the delivery of Z100-nodes to an existing client in Asia. The Oslo-listed surveyor said the delivery complemented…
The Norwegian marine seismic acquisition specialist PGS will start a multi-client survey program in Papua New Guinea (“PNG”) in early February.The program, named the Painimaut 3D MultiClient survey, is expected to last for approximately 60 days and has strong industry funding…
Singapore-based offshore support vessel operator PACC Offshore Services Holdings, or POSH, is set to go private on Wednesday.OEDigital reported last week that Quetzal Capital, a Kuok Group company, had launched compulsory acquisition for the remaining shares of the offshore vessel operator…
The Southeast Asian focused oil company Coro Energy will not be buying a share in the Bulu PSC, offshore Indonesia, citing increased risks around the Bulu project.'The company had in September 2018 agreed to buy a 42.5% interest in the shallow water (60m) block offshore East Java…
Quetzal Capital, a Kuok Group company, has launched compulsory acquisition for the remaining shares of the Singapore-based offshore vessel operator PACC Offshore Services Holdings, also known as POSH. Quetzal had launched a cash takeover offer for POSH back in November 2019…
Norwegian seismic contractor Shearwater GeoServices has secured back-to-back 3D survey work offshore India.Under the contract, awarded by Reliance, Shearwater will carry a 3D broadband marine seismic acquisition project in the Bay of Bengal…
Singapore-based offshore vessel owner Pacific Radiance has started loan talks with „a global investment fund“ after its discussions with an investor stalled in December 2019.Pacific Radiance had in August 2019 said it was in talks with an unnamed financier over a $180 million loan which it would…
Shearwater GeoServices will carry out a 3D marine seismic survey offshore India under a new contract awarded by ONGC.The Norwegian seismic company will start the 3D broadband marine seismic acquisition campaign in Q1 2020.The 4-month survey for the Indian oil company covers 2…
Caspian Sunrise, a Kazakhstan-focused oil and gas explorer, is venturing into offshore oil and gas exploration. The company, which has mostly been focused on onshore activities on Tuesday proposed the acquisition of the Caspian Explorer drilling vessel…
The Netherlands-based Mammoet confirmed it has completed its acquisition of UK-based rival ALE, creating the industry’s largest engineered heavy lifting and transport services provider.The businesses will operate as one company under the Mammoet…
Polarcus has been awarded an XArray marine seismic acquisition project in the Asia Pacific region, the company announced on Monday.According to Polarcus, the work is slated to commence in the second quarter of 2020 with a duration of approximately four months.
Marine seismic company Polarcus said it has been awarded an XArray marine seismic acquisition project in Malaysia commencing late December 2019 with a duration of approximately four months.Following this award, the Polarcus core fleet is fully booked to early second quarter 2020, the company said.
Houston-based global seismic services company SAExploration has won a a new shallow-water ocean-bottom marine project in the Asia Pacific region for a major national oil company.According to a press note from the ocean bottom node seismic company the contract is valued at approximately $28 million…
UAE-based offshore geophysical company Polarcus said it has been awarded a contract to carry out an XArray marine seismic acquisition project in Southeast Asia.The project will commence in the fourth quarter of 2019 with an approximate duration of 40 days.
Nigeria and West Africa-focused oil and gas exploration and development company Lekoil has agreed to acquire, subject to the receipt of the required consents, a 45% participating interest in the production sharing contract (PSC) in relation to the oil prospecting licence (OPL) 276…
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