PGS updating offshore Uruguay seismic

(OM) PGS has received approval from regulatory authority ANCAP to reprocess and rejuvenate its Uruguay MC3D GeoStreamer dataset. The survey 3DUR12, acquired in 2012, covered 15,600 sq km across the prospective offshore Pelotas Basin. It identified potential stratigraphic traps in the Syn-rift and Post-rift sequences. Reprocessing should help redefine exploration frontiers in this region, PGS said. The company’s... Continue Reading →

UK subsea player, CRP Subsea, lines up new gig in Brazil on deepwater oil project

(Offshore-energy.biz) UK-headquartered CRP Subsea, part of AIS, has found a new assignment off the coast of Brazil, which will enable it to deploy its modular buoyancy modules on a deepwater oil field development in the Santos Basin. This deal, which CRP Subsea describes as a “sizable” one from an undisclosed firm it deems to be a “major” engineering, procurement, construction,... Continue Reading →

Prosafe’s fleet utilization rate rebounds from last year’s drop in activity

( Offshore-Energy.biz)Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet utilization rate for April 2024 alongside insights into the vessel activity during the first quarter of the year. The firm recorded a 56% fleet utilization in April 2024, somewhat lower than the level reported for January, but higher than the utilization rate... Continue Reading →

PGS Streamlines Seismic Data Interpretation Services

(OE) Norwegian seismic company PGS has teamed up with Onward, an energy innovation platform, to offer on-demand seismic data interpretation. The collaboration that facilitates on-demand data interpretation provided by Onward, which leverages its technical capabilities to enhance PGS' existing MultiClient and Data OnDemand services and accelerate interpretation workflows. Onward and PGS now offer subscribers of... Continue Reading →

CGG Rebrands to Viridien

(OE) French seismic company CGG has changed its name to Viridien. At the Annual General Meeting on May 15, 2024, shareholders approved the resolution to change the company’s corporate name from CGG to Viridien.  “Our new name, Viridien, connects our company’s history to our future, confidently positioning us for accelerated growth as an advanced technology,... Continue Reading →

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