The US oil and gas sector could soon see a raft of merger and acquisition (M&A) activity as a result of the new regulations brought in following the Deepwater Horizon oil spill in the Gulf of Mexico. A new piece of research carried out by independent oil and gas industry technical advisory, GL Noble Denton, [...]
May 17, 2013 | Posted in
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WesternGeco announced that it has begun acquisition of a major multiclient seismic survey offshore Mozambique using the ObliQ sliding-notch broadband acquisition and imaging technique. The technique optimizes the recorded bandwidth of the seismic signal enabling more detailed imaging of the subsurface and more reliable extraction of rock properties. “This seismic survey is optimally located to [...]
May 1, 2013 | Posted in
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Fairfield Energy, the North Sea-focused independent oil and gas company, announces the start of a 400km² Broadband 3D seismic survey over their recently awarded 27th Round Licence P2089 Block 43/28. The survey will be acquired by Polarcus and will fulfil the firm commitment work programme on the licence, where wholly owned subsidiary Fairfield Cedrus Limited [...]
April 29, 2013 | Posted in
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Safety, efficiency and productivity are the key features of the 24-streamer Ramform Titan which was named at MHI yard in Nagasaki, Japan. The new ship will be the most powerful and efficient marine seismic acquisition vessel ever and the widest ship in the world at the waterline. Safety and productivity have been the main focus [...]
April 26, 2013 | Posted in
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SeaBird Exploration Plc (“SeaBird”) will, in partnership with GeoPartners Ltd (“GeoPartners”), commence a project offshore Namibia. The 2D acquisition program is of approximately 4,700km and will be acquired using the survey vessel Osprey Explorer currently in transit to Walvis Bay. Commencement is within the next few days, with an expected project duration of 45 days. [...]
April 22, 2013 | Posted in
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MultiClient Geophysical ASA (MCG) announces the completion of the MC2D-MCG1281 survey in Barbados. The first phase of the seismic survey was acquired in 2012 and comprised of 3,856 km. The second phase has added another 3,020 km and was completed on 17 April 2013. The 6,876 km survey has been recently funded by the oil [...]
April 22, 2013 | Posted in
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Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of the U.K. company Ambler Technologies Ltd. The company develops and produces composite materials that create strictly specified buoyancy and insulation properties in applications used primarily in deep-sea environments. The acquisition provides Trelleborg with access to cutting-edge expertise [...]
April 9, 2013 | Posted in
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Dolphin Geophysical’s high-end 3D seismic vessel the Polar Duke will shortly commence acquisition of their remaining UK Quads 29 & 30 SHarp BroadBand High-Resolution 3D Multi-Client survey. It is estimated that it will take approximately 5 months to complete the current planned survey coverage which was partially acquired last year. Dolphin’s ‘sister vessel’ the Polar [...]
March 13, 2013 | Posted in
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Technip announces the acquisition of Ingenium AS, a highly-experienced offshore engineering and services contractor located in Oslo, Norway. Ingenium AS designs and develops mechanical and electro-hydraulic tools and equipment, for the offshore oil and gas industry, and provides engineering services for marine operations, such as the installation of pipes and cables. Comprising over 20 highly-skilled [...]
March 13, 2013 | Posted in
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Teledyne Technologies Incorporated(“Teledyne”) announced that it has completed the acquisition of RESON A/S (“RESON”). RESON, headquartered in Slangerup, Denmark, provides high-resolution marine acoustic imaging and measurement solutions. The acquired company will operate under the name Teledyne RESON. Terms of the transaction were not disclosed. With over 30 years of experience and approximately 1,400 RESON echosounders [...]
March 7, 2013 | Posted in
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