Rig count in the Powder River basin, situated in Wyoming and Montana in the USA, has increased almost four-fold in the period from early April to mid-August during 2021.
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Mit-PFN Energy Co and PGS collaborate with AI solutions for Subsurface Structure Analysis
Mitsui and PGS have signed an agreement to develop Artificial Intelligence driven solutions to image subsurface structures.
India to account for over 50% of crude oil refinery projects in Asia by 2025
India is likely to start the operations of 85 crude oil refinery projects, accounting for about 52% of the upcoming crude oil refinery projects in Asia between 2021 to 2025, driven by rising consumption of oil and economic growth, according to GlobalData, a data and analytics company.
PGS, CGG and TGS launch Versal, a Unified Ecosystem for Accessing Multi-Client Seismic Data across Multiple Vendor
PGS, CGG and TGS, have combined to launch Versal – a unified seismic data ecosystem giving access to three of the world’s largest multi-client libraries via a single log-in.
GeoClerk teams us with PESA to unlock technical database
Searcher Seismic has entered into a strategic partnership with PESA to incorporate, store and present its entire technical data library on GeoClerk’s advanced geo-imagery search platform.
EIG signs Agreement to Acquire 10% Interest in APLNG for US$1.6 Billion
EIG, a leading institutional investor to the global energy and infrastructure sectors, has announced it will acquire a 10% interest in Australia Pacific LNG from Origin Energy for $1.592 billion.
CGG, TGS and BGP sign agreement with Staatsolie for Multi-Client Programs Offshore Suriname
CGG, in a consortium with TGS and BGP, has announced a multi-client agreement with Staatsolie, the state-owned company leading the development of the energy industry in the Republic of Suriname.
PGS in strategic collaboration with Magseis Fairfield
PGS has entered a strategic collaboration with Magseis Fairfield to address the growing hybrid towed streamer and OBN seismic market.
Sercel launches Bluepulse for seismic acquisition in sensitive areas
Sercel has announced the launch of Bluepulse, an innovative marine acoustic source it says offers the “most advanced frequency control technology” on the market.
Putin steps on the gas at Moscow Conference
The current energy crunch around the world and the intensifying climate change debate serve to highlight the serious need to embed natural gas as part of a long-term solution to energy market stability and transition.