CGG to get rid of vessels
CGG is making a major strategic shift by entering an asset-light model by reducing CGG’s exposure to the data acquisition business.
In the News
Magseis acquires Fairfield
Magseis will acquire the Seismic Technologies business from Fairfield comprising data acquisition, nodal and system sale & rental activities.
Equinor divests Tommeliten
Tommeliten Alpha is a gas/condensate discovery in Cretaceous chalk that was made in 1977 with 1/9-1. ConocoPhillips is operator. 1/9-1: The Danian chalk (Ekofisk Formation) was reached at 3043.5 m…
Blueware signs agreement with Shell
Shell is investing heavily in digital technologies to get a competitive advantage in the new E&P landscape. This includes artificial intelligence, machine learning, high-performance computing and cloud. After an extensive…
Aker BP acquires King Lear discovery
The aquisition means an increased resource potential of 100 MM boe for Aker BP.
Chevron drops last NCS license
Chevron sells its ownership in the Korpfjell-license to DNO Norge, ending its run on the Norwegian Continental Shelf.
Landmark contract for Magseis
Magseis has received a letter of intent from CNPC for the sale of ocean bottom nodes and handling systems.
Equinor majority owner
Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project.
URTeC 2018: Getting Down to Business
GEO ExPro Oil & Gas Conference Round-Ups: Unconventional Resource Technology Conference 2018, Houston, USA. Fuelled by SPE | AAPG | SEG. URTeC 2018: Unconventional Play Development The 6th Unconventional Resources…
Faroe farm-in to Agar
The farm-in have been estimated by Azinor Catalyst at a combined mid-case resource of 60 mmboe, with an upside of 98 mmboe.