Door shuts on iSeismic
The OBS-contractor filed for bankruptcy on the 1st of April according to proff.no. We will follow up with more information about the circumstances when available.
Company news
Name change for Lundin
In the Annual General Meeting in Stockholm on March 31, a name change from Lundin Petroleum AB to Lundin Energy AB was approved, signaling that Lundin might be following the…
APT wins global Wintershall deal
Norway-based Applied Petroleum Technology has been awarded a global fram agreement by Wintershall Dea to supply geochemical analyses.
EMGS fires most of staff
In a stock exchange announcement, EMGS states that they terminate all employees and consultants with the exception of a skeleton crew which will continue to service the multi-client late sales…
OKEA and DNO cut exploration activities
OKEA announced that they will postpone all project sanction decisions, such as drilling or seismic programmes. They will further cancel sanctioned plans where possible and as agreed with Joint Venture…
E&P forecast turnaround for 2020 affects service industry
The recent fall in oil prices, down to 31 $, may have a devastating effect on the Overall oilfield services (OFS), according to Rystad Energy. The total capital and operational…
EMGS gets more work in Namibia
EMGS has received a letter of intent with a minimum value of USD 3.6 million from an undisclosed customer on behalf of a JV block consortium, offshore Namibia. Under the…
EMGS in trouble
Electromagnetic Geoservices ASA (EMGS) has been advised by a customer that it will not, in the near to medium future, receive additional acquisition work under the two-year acquisition contract announced…
Growing demand for seismic
The industry demand for marine 4D seismic surveys is steadily growing. Shearwater GeoServices Holding AS announced in a press release today that their fleet has increased sevenfold in just a…
Shearwater and CGG completes strategic vessel transaction
Shearwater GeoServices Holding AS states today in a press release that the company “completed the strategic vessel transaction with CGG, including the takeover of five high-end seismic vessels, and the…
A first in data sharing
Lundin-operated Edvard Grieg is the first platform on the Norwegian shelf where production data is shared with the partners via a cloud solution.
Chrysaor is recruiting
The North European E&P company Chrysaor are looking for personell in Oslo, Norway. Application deadline is 10th January 2020.