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Acquisition News

 

BP Taps PGS for CCS 3D Seismic Survey

Jan 18, 2022

Norwegian offshore seismic data acquisition firm PGS has secured a Carbon Capture and Storage (“CCS”) 3D seismic acquisition contract with BP in the UK.PGS will carry out the survey over the Endurance reservoir, located about 145 kilometers…

W&T Offshore to Buy Shallow Water GoM Oil Fields for $47M

Jan 10, 2022

U.S. Gulf of Mexico-focused oil and gas company W&T Offshore has agreed to buy working interests in and operatorship of oil and gas producing properties in Federal shallow waters in the central region of the Gulf of Mexico from privately-held…

Petrobras Hires PGS for 'Significant' 4D Survey Offshore Brazil

Dec 03, 2021

Norwegian marine seismic data acquisition company PGS said Friday it was scheduled to start a significant 4D acquisition survey for Petrobras over the Roncador and Albacora Leste fields offshore Brazil in Q2 2022. The acquisition is expected to complete in Q3 2022…

Survitec Completes Blue Anchor Acquisition

Nov 04, 2021

U.K.-based safety and survival solutions provider Survitec said it has completed its acquisition of Blue Anchor Fire & Safety, a Scottish provider of survival solutions to the fisheries, maritime and offshore energy industries.The investment…

PGS Wraps 2021 Seismic Acquisition Campaign Offshore Canada

Sep 29, 2021

Norwegian seismic data acquisition company PGS has said that it has on behalf of the PGS-TGS joint venture acquired over 10 000 sq. km of 3D GeoStreamer data offshore Newfoundland and Labrador between May and September this year. The data from…

Svanehøj Buys Wärtsilä Tank Control Systems

Sep 17, 2021

Finland-based marine equipment and technology firm Wärtsilä has sold Wärtsilä Tank Control Systems business to Svanehøj, a Danish gas pump specialist involved in the design and manufacture of specialized deep well pump solutions within the areas of gas pumps…

PXGEO Secures North Sea OBN Survey Deal

Aug 25, 2021

Offshore seismic services firm PXGEO said Wednesday it had secured an Ocean Bottom Node marine seismic acquisition contract.The project, in the North Sea, is expected to start in the second quarter of 2022.In a brief statement released Wednesday…

Seismic Firms Team Up for Offshore Wind, Carbon Capture Projects

Aug 24, 2021

Magseis Renewables, a renewables-focused subsidiary of the Norwegian offshore oil and gas seismic acquisition contractor Magseis Fairfield, has entered two technology pilot projects for carbon capture and storage (CCS) and offshore wind in collaboration with the Norwegian seismic data company TGS…

Silixa Claims 'World's first' as it Installs Distributed Acoustic Sensing (DAS) System at BP's Gulf of Mexico Field

Aug 11, 2021

Optical fiber sensors provider Silixa on Wednesday announced the successful installation, validation, and borehole seismic acquisition from a permanently installed fiber-optic Distributed Acoustic Sensing (DAS) system, Carina Subsea 4D, on BP’s Atlantis Phase 3 subsea field development…

Kent Acquires Majority of SNC-Lavalin's Oil and Gas Business

Jul 30, 2021

Bluewater-backed energy services firm Kent, formerly known as Kentech, has completed the acquisition of the majority of SNC-Lavalin’s oil and gas division, with a minority portion to follow at a later date. 'The Company now harnesses the strength…

ExxonMobil Hires PGS for 4D Survey Offshore Guyana

Jun 28, 2021

Norwegian offshore seismic surveyor PGS has been awarded a 4D seismic acquisition contract by ExxonMobil for work offshore Guyana.PGS will deploy a Titan class seismic acquisition vessel in the fourth quarter of 2021 with the acquisition slated for completion in the first quarter of 2022…

EnQuest Signs 750M Loan to Fund Golden Eagle Acquisition, Refinance Debt

Jun 11, 2021

UK oil and gas company EnQuest has said it has signed a new senior secured borrowing base debt facility of around $600 million and an additional amount of $150 million for letters of credit for up to seven years.'The new facility will enable…

PXGEO Strikes Seismic Vessel Deal with TGS

May 12, 2021

Marine seismic contactor PXGEO has signed a deal to provide 12 months of towed-streamer seismic acquisition services to the Norwegian seismic data firm TGS.TGS has committed to using the PXGEO 2 vessel or any other capable vessel which PXGEO…

Jersey Oil & Gas Completes Cieco V&C Acquisition

Apr 07, 2021

UK-focused oil and gas company Jersey Oil & Gas (JOG) has completed the acquisition of Cieco V&C, a company that owns an interest in JOG-controlled Licence P2170, in the UK North Sea, from the Japanese companies Itochu and Jogmec.Under the agreement first announced on November 26…

InfraStrata Buys BiFab Assets

Feb 12, 2021

UK-based infrastructure firm InfraStrata has said it has acquired 'substantially all of the assets of Burntisland Fabrication,' also known as BiFab, a company that entered into administration in late 2020.BiFab specializes in major fabrication works from facilities in Scotland for the oil and gas…

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