Shearwater GeoServices has announced a new long-term frame agreement with Equinor for 4D seismic services on the Norwegian continental shelf.
The company said the agreement can also be applied for the UK continental shelf. Under the frame agreement, Shearwater has been awarded an initial survey over the Heidrun Field in the Norwegian North Sea.
Shearwater said it will allocate one of its high-end Isometrix vessels for the one-month Heidrun survey, which starts in Q2 2021. The award...
CGG was recently informed of a cybersecurity incident on a server hosting Accellion software.
The company said the vulnerability that had exploited Accellion’s secure file transfer application (FTA), before they could find a corrective patch, was originally discovered in another Accellion customer environment.
At CGG, Accellion’s FTA was used on a separate server, isolated from production IT infrastructure.
“This standalone server had limited use within CGG and was not used...
Sercel has announced that its “high-performance” equipment is being deployed on another 3D megacrew survey by a major North African geophysical company.
Sercel said the crew is operating with an 80,000-channel 508XT land acquisition system, complete with QuietSeis® digital sensors, and ten Nomad 90 Neo broadband vibrators in challenging desert terrain, but did not say which country activities were occurring in.
Sercel described its equipment as seamlessly integrated into the...
CGG has released a solid operational performance in its fourth quarter results and positive net cash flow sustained by gradual recovery from COVID-19.
Commenting on the company’s full year and fourth quarter results, CGG CEO Sophie Zurquiyah said:
“In the particularly challenging year of 2020, which saw the collapse of the oil & gas market across the second and third quarters, we finished the year with solid fourth quarter operational performance. During 2020, we...
Shearwater Geoservices has announced the award of a 3D seismic survey in the Otway Basin and a 4D survey in Angola by Total.
“We see a solid, consistent level of activity in Australia where we have multiple projects booked in 2021”, said Irene Waage Basili, CEO of Shearwater. “We observe increasing regional demand for our vessels equipped with high-end technology, which is reflected in backlog and utilization.”
The approximately two-month survey is expected to commence in Q3...
Western Gas, Operator and 100% owner of the Equus Gas Project, has signed an MOU with APA Group to undertake a joint development and marketing study to supply Equus gas at competitive prices to Western Australia and the East Coast via a transcontinental pipeline.
The scope of the study comprises a detailed assessment of development, commercial, marketing and regulatory aspects of the project, which will form the basis of an integrated bankable feasibility study.
The study is a key...
CO2CRC’s Chief Executive, David Byers, has announced that CO2CRC has established a wholly-owned subsidiary company, CO2Tech Pty Ltd (‘CO2Tech’).
“We have established CO2Tech to meet the growing customer need for multi-disciplinary technical consultation, advisory and project management services across the whole CCUS value chain.” said Mr Byers.
CO2Tech will have access to the Otway International Test Centre (OITC) and CO2CRC’s expertise via commercial agreements.
3D Oil has flagged four potential leads with a best estimate prospective resources of 370 MMboe in the Gippsland Basin.
This follows completion of an estimate of prospective resources for leads and prospects in the VIC/P74 exploration permit.
3D Oil said the largest is the Bigfin Lead, which is hosted within the Lower Latrobe Group and has a Best Estimate Prospective Resource of 502 Bcf and 19 MMbbls of condensate. Bigfin is located approximately 8km West of the Kingfish Oil...
Woodside has penned a deal to supply LNG to RWE Supply & Trading GmbH (RWE) for seven years from 2025.
The company announced that the quantity would be approximately 0.84 million tonnes per annum and was not subject to final investment decision on any project.
Woodside Executive Vice President Development and Marketing Meg O’Neill said the signing of the deal was further evidence of the strong market demand for LNG in the second half of this decade.
“Customers are increasingly...
Shearwater GeoServices has announced the award of an ocean bottom seismic (OBS) 4D survey by Aker BP at the Ivar Aasen field in the Norwegian North Sea.
“This is a welcome return to the Ivar Aasen field for Aker BP with Qseabed,” said Irene Waage Basili, CEO of Shearwater GeoServices.
“Shearwater is established in all segments of high-end offshore seismic, executing our clients’ projects with the technologies of their choice, including market leading solutions for ocean...