Feature Articles

CGG produces Screening Study for CO2 North Sea Storage

30/11/2021 Posted by Dale

CGG has released a new GeoVerse™ Carbon Storage screening study to support CCUS operators in quickly identifying suitable CO2 storage sites.

This Northern North Sea study, available for license, provides an in-depth review of potential CO2 storage plays in a region extending over CGG’s North Viking Graben 3D seismic dataset, including areas in both UK and Norwegian waters.

Sophie Zurquiyah, CEO, CGG, said: “Our GeoVerse Carbon Storage screening study is part of a new suite of products that will support the energy transition through capitalizing on CGG’s wealth of geoscience know-how and data science expertise, which includes over 130 geothermal projects and support for the Sleipner, Troll, Weyburn, Pembina and Gorgon CCUS projects.

NGIP rolls out framework for 20-year gas supply

30/11/2021 Posted by Dale

The Australian Federal Government’s National Gas Infrastructure Plan (NGIP) and Future Gas Infrastructure Investment Framework has paved a path for secure gas supplies for the next 20 years.

ADNOC awards Baker Hughes two major contracts

23/11/2021 Posted by Dale

Baker Hughes has been awarded two contracts from Abu Dhabi National Oil Company (ADNOC) for equipment and services across multiple upstream fields and projects in the United Arab Emirates.

‘Rising transport costs fuelling cost of living pressures’

23/11/2021 Posted by Dale

Australia’s peak motoring body has released its latest Transport Affordability Index showing weekly costs have for the first time risen above $400 for the average Australian metropolitan household.

Higher investment needed for Eagle Ford to spur production

23/11/2021 Posted by Dale

Crude oil and natural gas production in the Eagle Ford shale play, situated in southeast Texas, dropped by almost 35% and 20%, respectively, in May 2020 due to the COVID-19 pandemic, according to GlobalData.

Empire spuds Carpentaria-2H up in the Top End

16/11/2021 Posted by Dale

Empire Energy has begun drilling the Carpentaria-2H well in the Betaloo Sub-Basin in the Northern Territory.

Australian LNG exports hit record highs, but alarm bells are ringing over reserves

16/11/2021 Posted by Dale

The latest Australian LNG Monthly report has flagged insufficient gas reserves as the biggest challenge confronting future exports of the hydrocarbon.

CGG’s Northern Viking Graben Seismic Data used by Northern Lights JV DA for CO2 Storage

15/11/2021 Posted by Dale

CGG has licensed its high-end Northern Viking Graben multi-client seismic data set in the Northern North Sea to Northern Lights JV DA, for use in its ongoing and future CO2 storage developments.

GECF asserts that “Energy for All” is achievable with natural gas

15/11/2021 Posted by Dale

The Gas Exporting Countries Forum (GECF) has urged the international community who gathered in Glasgow, UK, for UNFCCC COP26 to look for energy options that achieve the right balance between the post-COVID-19 economic and social requirements and climate actions, particularly for the most vulnerable regions of the world.

CGG results reveal a steady recovery

09/11/2021 Posted by Dale

CGG has announced rejuvenated third quarter, non-audited results reflecting segment revenue of US$270 million, up 35% year-on-year, and segment EBITDAs of US$118m, more than double year-on-year.