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…
In the News
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…
Is there a future for the E&P geo-community in Norway?
“It felt like a brutal theme for a keynote” Egil Tjåland recalls. He received an invitation from the program committee to give a talk related to “What is the future…
IP Week 2020: A Low Carbon Future
Defining the oil and gas industry’s role in delivering a low carbon future. A GEO ExPro conference round-up from IP Week 2020, which took place in London on 23-25 February,…
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…
Did you just miss one of 2020’s 13 most important conferences for geoscientists?
According to a recently published list by Cegal, you probably did! #DIGEX2020 held at Scandic Oslo Airport attracted more than 200 participants interested in the on-going digitalization of the Oil…
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.
Energy Transition and the Community
Why doesn’t the oil industry just stop exploring for and pumping out oil? I recently had a very interesting and, to be honest, nerve-wracking experience, when I was asked to…