SEG 2013: PGS, Toisa add Seafloor Geophysical node services for Brazil

In a release made during the SEG 2013 Annual Meeting, Petroleum Geo-Services and Toisa Seismic have agreed to invest in Seafloor Geophysical Solutions.

Sep 25th, 2013

Offshore staff

HOUSTON – In a release made during the SEG 2013 Annual Meeting, Petroleum Geo-Services and Toisa Seismic have agreed to invest in Seafloor Geophysical Solutions.

The agreement gives PGS exclusive rights to market SGS subsea node services in the Brazilian market.

PGS and Toisa said SGS and its ocean bottom seismic services, when coupled with Toisa Ltd.’s marine capabilities will supplement PGS’ GeoStreamer and OptoSeis technologies.

According to the agreement, PGS will control 33.4% and Toisa will have 55.4% of the operation.

9/24/13

More in Geosciences

Fugro deployed a Hugin AUV from its survey vessel Fugro Brasilis for the Shell deepwater Gulf of Mexico campaign.

Fugro completes deepwater Gulf of Mexico AUV survey campaign for Shell

Fugro has completed several geophysical surveys in the deepwater Gulf of Mexico for Shell International Exploration and Production Co.

The Sanco Swift will conduct the multi-client seismic survey offshore West Africa.

PGS gets funding for seismic survey offshore West Africa

PGS has committed to a multi-client seismic survey offshore West Africa during the current quarter.

Sabah Phase 5 is outlined in orange.

PGS expanding offshore Sabah data coverage

PGS has started Phase 5 of the Sabah multi-client project offshore Malaysia.

Websiteimage Sunset

CGG completes offshore Angola 4D seismic review ahead of schedule

CGG Subsurface Imaging has delivered results from a broadband 4D seismic survey for BP offshore Angola.

Websiteimage Sunset

RPS acquires seismic support specialist

RPS has acquired seismic software services consultancy Reservoir Imaging Ltd. for £4 million ($4.9 million).

The seismic survey vessel Vyacheslav Tikhonov is expected to be redelivered next month.

Polarcus to acquire XArray seismic survey offshore Australia

Polarcus has secured pre-funding for a multi-client XArray project offshore Australia.

The PROD1 with tracks (TracPROD) is being used in the shallow-water geotechnical locations off Mozambique.

Benthic assessing site needs for Golfinho tieback offshore Mozambique

TechnipFMC has contracted Acteon subsidiary Benthic to perform a geotechnical and geophysical survey program for the deepwater Golfinho gas development offshore Mozambique.

Blocks A2 and A5 offshore The Republic of The Gambia.

Offshore Gambia partners plan more seismic, exploration drilling

FAR has acquired an additional 10% stake in blocks A2 and A5 offshore The Republic of The Gambia.

A Manta node deployed in the Red Sea as part of the S-79 project for Saudi Aramco.

Ocean bottom node seismic market gains momentum

While the industry gradually recovers, one area that is showing continued growth is the ocean bottom node seismic market. Demand is largely driven by oil and gas companies’ focus on increased oil and recovery and near-field exploration.

Range in the effective minimum commercial field size for deepwater oil developments in Brazil, Ghana, and the Gulf of Mexico. Current play maturity is displayed.

Westwood assesses threshold for deepwater oil projects

Since 2007, the minimum commercial field size for deepwater standalone oil developments has varied between 130 and 650 MMboe, according to consultant Westwood, depending mainly on the exploration play.

The SW Vespucci is equipped to conduct source, 2D, 3D, and ocean bottom nodal seismic acquisition.

Shearwater awarded Far East 3D/2D seismic work

Shearwater GeoServices has secured a contract for a combined 3D and 2D seismic survey offshore Southeast Asia, using the multi-purpose vessel SW Vespucci.

Websiteimage Sunset

Upland confirms nearshore UK license awards

Puma West is on Green Canyon block 821 in the Gulf of Mexico.

Talos makes Gulf of Mexico transactions with BP, ExxonMobil

NamibeSPAN will cover the little explored Namibe basin offshore southern Angola.

ION 2D survey to assess Namibe basin potential offshore Angola