Brought to you by Quest Offshore & Southern Cone Consultants
(OE) Marine seismic data company PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company. A Ramform Titan-class vessel is scheduled for mobilization in June, with a forecast acquisition duration of up to 300 days. The value of the contract has not been disclosed, but... Continue Reading →
(OGJ) Equinor ASA began seismic exploration this week in the southern Argentine Sea, off the coast of the Patagonian province of Tierra del Fuego in the Austral and Malvinas basins. The operator will work in Austral basin blocks 105 and 106 (AUS 105 and 106) and Malvinas West basin block 121 (MLO 121). Equinor will... Continue Reading →
(OE) Challenger Energy has, through its wholly-owned Uruguayan subsidiary CEG Uruguay, entered into farm-out agreement with Chevron for the 60% interest in the AREA OFF-1 block offshore Uruguay. As part of the agreement, Chevron will acquire a 60% participating interest in the AREA OFF-1 block, and will assume operatorship of the block, while CEG Uruguay... Continue Reading →
(OET) Norwegian seismic company PGS has signed an agreement with Shell for its cloud-based digital asset management solution designed specifically for seismic data, which is set to enable the UK-headquartered energy giant to streamline access to seismic data and accelerate workflows. This Data OnDemand Agreement complements the MultiClient Library Access agreement the two companies established in 2022.... Continue Reading →
(OM) Late last month Halliburton Landmark announced it is working with the Petrobras-led Libra Consortium on a digital twin for the presalt Mero Field in the Santos Basin offshore Brazil. The aim is to help reduce capex, speed up production times and improve crude oil recovery using the new insights obtained in a real-time environment. The digital twin, a... Continue Reading →
(OE) France-based marine seismic data firm CGG has signed an agreement with the Ministry of Energy and Energy Industries of Trinidad and Tobago to reimage vintage 3D seismic data from four deepwater offshore blocks. CGG’s work scope will cover blocks 25a, 25b, 26, and 27 offshore Trinidad. Located in the country’s deep waters, the project... Continue Reading →
(PN) New numbers point to an increase in well drilling activity in Brazil. The National Petroleum Agency (ANP) revealed new data forecasting investments in exploration in Brazil. According to the regulatory body, oil companies located in the country must spend US$1.96 billion on exploration during the year 2024. Well drilling is the activity that will... Continue Reading →
(OET) TGS has completed a 410-day deepwater node survey campaign offshore Guyana ahead of schedule, setting a record for the longest deepwater node survey. On December 1, the final node recovery marked the culmination of three exclusive ocean bottom node (OBN) surveys commissioned by ExxonMobil Guyana. TGS acquired 2,400 square kilometers of OBN data within... Continue Reading →
(OE) Marine geophysical service provider PXGEO on Wednesday announced it has acquired one hundred percent of the share capital of rival AmpSeis, developer of what is said to be the industry's most advanced ocean bottom node. PXGEO described the acquisition as a step forward in its strategy to be the technology leader in the ocean... Continue Reading →
(OET) Norwegian seismic company PGS has reflagged the entire fleet of owned vessels to Norway, a move said to have the global geopolitical situation as a driving factor. The reflagging of the Ramform Tethys on December 5 marked the completion of the initiative to bring the entire PGS fleet of owned vessels under the Norwegian flag.... Continue Reading →
Brazil Energy Insight 