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.
Latest News


Roller Coaster Ride for the East Coast Gas Markets
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 coast gas industry is one of great uncertainty.

New Gas Supply Highlighted as Sector Fuels Record WA Resources Sales
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 Collaborate to Evaluate Industrial HPC and AI Models
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-Exxon JV Strikes Oil in Suriname
Petronas Suriname E&P, in tandem with ExxonMobil Exploration and Production Suriname have announced an oil discovery in Block 52 offshore Suriname.

PGS Announces Contract Award in the Med
PGS has been awarded a 3D exploration contract* in the Mediterranean.
PGS said the Ramform Titan had been scheduled to mobilize for the survey in December and the contract had a total duration of approximately 160 days.
“We are very pleased with this contract award securing work for the Ramform Titan through the winter season. The Mediterranean is a hotspot serving the European gas market and we see potential for more work in this prolific region,” says Rune Olav Pedersen, President & CEO in PGS.
PGS announces contract awards and MultiClient projects as stock exchange releases if the contract has a value of $10 million or more, MultiClient projects with a duration of two months or more, and strategically important contracts.

Russian Crude Exports Far Above Target Level in October says Rystad Energy’s Oil Market Update
In a report likely to cause consternation in Washington and Brussels, Rystad Energy says Russian Crude exports were far above target level in October.

Tamboran Purrs on Fracture Injection Test Results at Shenahdoah South 1H Well
Tamboran Resources has welcomed diagnostic fracture injection test results of the Mid Velkerri B Shale from the Shenahdoah South 1H well in the Betaloo Basin.

France Toasts Huge Hydrogen Haul Discovery
Two scientists in France who went looking for fossil fuels have stumbled upon a huge reservoir estimated to contain between 6 million and 250 metric tons of natural hydrogen.

Offshore Approval Chaos as Wait Times Blow out to 562 Days and Counting
Australia’s oil and gas industry has called for the Commonwealth to urgently fix the broken offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval was exposed.
