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(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 →
(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 →
(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 →
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 →
(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 →
(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 →
(OET) Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recurring revenue with Geo-data as a service. The plan is to target... Continue Reading →
(OET) A geotechnical survey campaign has been completed at the Ossian floating offshore wind farm site in Scotland. Set to be located across 858 square kilometers of seabed off the east coast of Scotland, the project is a joint venture between SSE Renewables, Marubeni, and Copenhagen Infrastructure Partners (CIP). The site’s seabed is around 72... Continue Reading →
All offshore survey campaigns have been completed across the Pentland floating offshore wind farm’s site area and cable corridor in Scotland. “This is a significant milestone for any offshore wind development, and we are pleased to have safely and successfully completed a number of survey and monitoring campaigns over the past three years that gives... Continue Reading →
(OE) TGS announced a collaboration agreement with Apparition Geoservices to jointly provide integrated, encoded simultaneous source acquisition solutions to drive the next level of efficiency in seismic surveys. During the agreement term of four years, TGS and Apparition will collaborate through joint research, development and testing to fully commercialize Apparition technology in ocean bottom node,... Continue Reading →
Brazil Energy Insight 