PGS has secured industry pre-funding for another large multi-season MultiClient survey in the Norwegian Sea. The first phase of the survey will be acquired in 2023 by the Ramform Hyperion.
Company Updates


Carnarvon Edges Closer to Bedout Basin Deal with Taiwan’s CPC
Carnarvon Energy says it is closing in on a mid-year deal to sell 10% of its stake in the Bedout Basin to CPC subsidiary, OPIC Australia.

Empire Upgrade Lifts LNG Scale Aspirations
Empire Energy has announced a LNG scale resource in its Betaloo Sub-Basin portfolio following the release of an independently assessed report released by Netherland, Sewell & Associates.

CGG Awarded OMV Contract for Multi-Year Dedicated Centre
CGG has been awarded a new contract by OMV to continue operating a dedicated centre at its head office in Vienna for an initial three-year period.

Beach Hits a Few Snags in Cost and Target Objectives at Waitsia
Beach Energy has had to revise its previous targeted schedule and capital estimates for the Waitsia Stage 2 Project in the Perth Basin.

‘Beetaloo Green Light Ushers in Economic Prosperity and East Coast Energy Security’
Australia’s oil and gas industry says the green light for developing the Northern Territory’s Beetaloo Basin will support thousands of new jobs, deliver millions of dollars investment in regional communities and boost the nation’s east coast energy security.

Tetchy Tax Times as APPEA Reminds Government Not to Kill the Gas Goose that Creates Revenue, Jobs and Boosts Budget Surpluses
APPEA says the oil and gas industry played a pivotal role underpinning the recently revealed Western Australian Budget surplus.

It’s Showtime for Shearwater in Shetland
Shearwater has been awarded two 4D surveys over important gas fields, west of Shetland.

‘Low carbon hydrogen to play defining role in energy transition’
The hydrogen market has progressed rapidly in recent years due to its growing application in industries like the transport, industrial, energy, aerospace, defence, and construction sectors.

Shearwater GeoServices Awarded 4D Geophysical Monitor Survey in Cote d’Ivoire
Shearwater is pleased to announce the award of its first 4D survey contract in Cote d'Ivoire.
