Spectrum has agreed to reprocess 12,240 line km (7,606 mi) of 2D seismic data from the Trinidad and Tobago Deep Atlantic Area survey east of the islands.

Argos Resources is seeking to raise £22 million ($34.3 million) via a conditional share placement.

PEMEX has signed a multi-year contract with Electromagnetic Geoservices (EMGS) for deepwater 3D electromagnetic surveys in the Mexican sector of the Gulf of Mexico.

CGGVeritas says it has signed a technology cooperation agreement with Petrobras to collaborate on development and implementation of new geophysical technologies.

Tullow Oil has signed a Heads of Agreement with Staatsolie concerning block 47, a 2,369 sq km (915 sq mi) deepwater exploration license offshore Suriname.

Spectrum and Hamilton jointly are planning multi-client 2D seismic surveys and basin analyses of offshore South America.

PEMEX has awarded GX Technology (GXT) a three-year contract to provide seismic data processing and imaging services for multiple offshore projects.

ION Geophysical has acquired an additional 28,000 km (17,398 mi) of regional seismic data covering Brazil's southern Santos, Pelotas, and northeastern Equatorial basins.

Seismic operations have begun on the Guyane Maritime license, according to operator Tullow Oil.

Mexican national oil company PEMEX has hired CGG Veritas for a five-year, $464 million deepwater seismic survey contract, the company says.