CGG, in association with PETRONAS, has announced the start of the Selat Melaka 2D multi-client seismic program over the Langkasuka Basin offshore Malaysia.
Located in the Malacca Strait, the project has received industry funding and will deliver early products in December 2023 and final results in August 2024.
Experts at CGG’s Kuala Lumpur subsurface imaging center will apply its latest proprietary full-waveform inversion (FWI) and Q-tomography imaging technologies to provide the...
Western Australia’s economy would enjoy a $55 billion boost by 2050 from rolling out carbon capture hubs while creating tens of thousands of jobs and protecting existing resources jobs, according to a new report.
The CCUS Hubs Study was commissioned by the WA LNG Jobs Taskforce and co-authored by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the Global Carbon Capture and Storage Institute (GCCSI).
Australian Energy Producers said the research showed...
The Department of Energy and Mining has welcomed the passing of the Hydrogen and Renewable Energy Bill in the South Australia parliament.
DEM said: “This historic piece of legislation is set to open up global investment into the state's hydrogen and renewable energy industries, solidifying the state's position as a world leader in the global energy transition.
“The Hydrogen and Renewable Energy Act 2023 will streamline the process for companies to invest in these industries,...
Oil markets are eagerly awaiting the OPEC+ meeting on Sunday, 26 November, in anticipation of what kingpin Saudi Arabia decides over its voluntary crude oil production cuts of 1 million barrels per day (bpd), writes Rystad Energy’s senior vice president Jorge Leon in the company’s latest oil market update.
Regardless of the path they take, Saudi Arabia’s decision on the production cuts will ultimately shape the short-term future of global oil prices.
The kingdom is balancing the...
A vigorous recovery from the global aerospace industry has increased demand for nickel, a key aircraft component prized for its corrosion resistance, high strength and exceptional mechanical properties. This could inadvertently complicate or delay new energy infrastructure developments by diverting metal supply from critical sectors such as upstream, offshore and liquefied natural gas (LNG) terminals, which use nickel for various equipment applications in extreme environments.
Aerospace...
CGG has announced the launch of its new Outcome-as-a-Service (OaaS) offering, designed to deliver customized, capability-focused HPC and AI solutions for scientific and engineering domains including generative AI and life sciences.
The latest annual east coast report from independent energy consultancy EnergyQuest, East Coast Gas Outlook finds that the outlook for east coast gas is a white knuckle roller coaster ride.
The new 314-page report is the leading energy consultancy’s annual in-depth analysis of the long-term outlook for the east coast gas market, compiled by a multi-disciplinary team of experienced energy professionals: geologists, petroleum engineers and gas marketers.
“The outlook for the east...
Australia’s oil and gas industry has helped underpin billions of dollars of economic benefits in a record-breaking year for Western Australia’s resources sales.
CGG and LightOn, a pioneering artificial intelligence (AI) company, have joined forces under a new contract to leverage CGG’ss industrial High- Performance Computing (HPC) solutions.
Petronas Suriname E&P, in tandem with ExxonMobil Exploration and Production Suriname have announced an oil discovery in Block 52 offshore Suriname.