(OE) Nauticus Robotics, a U.S. developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has secured fresh funding for its operations and appointed new executive management team. The new investment was secured before the close of 2023 and eliminated many of the dilutive warrants and ratchet provisions of the... Continue Reading →
BOEM Updates Geophysical Guidelines for Offshore Wind Projects
(OE) The US Bureau of Ocean Energy Management (BOEM) has updated its Guidelines for Providing Geophysical, Geotechnical, and Geohazard Information Pursuant to 30 CFR Part 585. The guidelines provide information for offshore renewable energy projects and were last published in May 2020. They were primarily developed for the Atlantic Outer Continental Shelf (OCS). However, now that BOEM has... Continue Reading →
As 410-day campaign wraps up, TGS sets record for ‘longest deepwater node survey’
(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 →
Norwegian PGS reflags whole fleet of owned vessels to Norway
(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 →
TGS and PGS shareholders back merger to create ‘premier energy data’ player
(OET) Norway-headquartered seismic company PGS has made progress in its merger with TGS after shareholders of both companies threw their support behind the merger in a bid to establish a stronger and more diversified geophysical company and data provider to the energy value chain. Back in September 2023, TGS and PGS announced their agreement on principal terms... Continue Reading →
Petrobras books PXGEO for another survey gig off Brazil
(OET) Marine geophysical services player PXGEO has won a new contract with Brazil’s state-owned oil and gas giant Petrobras for a 4D ocean bottom node (OBN) survey offshore Brazil. This survey is to be acquired in water depths up to 2,200 m with a duration of approximately 7 months. According to PXGEO, the 4D OBN survey... Continue Reading →
Equinor Names California Floating Wind Project
(OE) Equinor has announced the name of its floating offshore wind project off the coast of California, Atlas Wind. The lease area, which lies 60 miles from Morro Bay, has the capacity to provide over 2GW of reliable, renewable power, enough to power 1.7 million California homes once complete. California is poised to become a growing force... Continue Reading →
Offshore oil & gas exploration heats up in Namibia as Galp spuds prospect while Chevron seeks green light for multi-well drilling program
Portuguese oil and gas company Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. On the other hand, the U.S. oil major Chevron is looking to drill up to ten new wells in PEL 90. These licenses are located in... Continue Reading →
Rovco Completes Survey Work on 1.4 GW Scottish Floating Offshore Wind Farm Site
(OW) UK-based Rovco has completed all survey work on behalf of Flotation Energy and Vårgrønn for the planned Cenos floating offshore wind farm in Scotland. The Cenos floating offshore wind farm is located in the Central North Sea, 200 kilometres off the coast of northeast Scotland. The geo-environmental survey was completed over an area covering... Continue Reading →
Shearwater, Petrobras Team Up to ‘Reshape’ Seismic Exploration
(OE) Brazilian oil company Petrobras and Norwegian marine seismic services firm Shearwater have entered into a collaborative technology agreement aiming to reshape seismic exploration and field developments. This multi-year strategic partnership is set to evolve the seismic industry to new levels of performance, Shearwater said Wednesday. Central to this endeavor is Shearwater’s marine vibrator, with... Continue Reading →