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Shearwater

​Shearwater, WesternGeco sign Global Agreement for Seismic Acquisition Services

Posted: September 17, 2022 at 10:50 am   /   Oil & Gas

​Shearwater GeoServices and WesternGeco sign Global Agreement for Seismic Acquisition Services and announce Australia survey award. Shearwater Provides Order Intake Update. Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce a multi-year Global Agreement for the purchase of geophysical data acquisition services by WesternGeco, and the award of a survey in Australia under the new […]

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United

United Oil and Gas commences drilling of ASH-4 well at Abu Sennan, Egypt

Posted: September 17, 2022 at 10:44 am   /   Oil & Gas

AIM-listed United Oil & Gas has announced the commencement of drilling at the ASH-4 development well location and an update on the Al Jahraa-14 (‘AJ-14’) development well in the Abu Sennan licence, onshore Egypt. United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. Summary The fourth well in the 2022 Abu Sennan programme, ASH-4, has […]

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Bechtel

Shell, EGAS, Petronas award Idku Energy Hub project FEED to Bechtel-led coalition

Posted: September 12, 2022 at 1:11 pm   /   Oil & Gas

Decarbonizing Egypt’s facilities for a net-zero future Shell Egypt, EGAS and Petronas have awarded a front-end engineering and design (FEED) contract to a Bechtel-led coalition that includes Enppi and Petrojet to study a proposed unified power system between the onshore gas processing plant of the West Delta Deep Marine (WDDM) gas fields in the Mediterranean […]

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ecomondo 2022

COP27, Ecomondo Partner of the First Mediterranean Pavilion

Posted: September 12, 2022 at 12:57 pm   /   Renewables

Twenty-seventh Conference of Parties in Sharm el-Sheikh, Egypt from 6th to 18th November. Focus on good practices to tackle the climate crisis in the area. •The Italian Exhibition Group event dedicated to the circular economy and environmental sustainability, in Rimini from 8th to 11th November, will promote networking and business opportunities. https://en.ecomondo.com Ecomondo, the international […]

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shearwater reveal

Shearwater to Donate Reveal Seismic Software to Universiti Teknologi PETRONAS

Posted: September 11, 2022 at 11:30 am   /   Oil & Gas

Shearwater GeoServices Holding AS (“Shearwater”) announces the donation of a significant number of licenses for Shearwater’s industry leading Reveal seismic processing and imaging software to Universiti Teknologi PETRONAS (UTP), a Malaysian research university. Through this initiative graduate and undergraduate students will be able to conduct research, and learn, using world-class advanced geophysical tools. The Reveal […]

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Wintershall Dea, Equinor partner up for large-scale CCS value chain in North Sea

Posted: September 1, 2022 at 10:54 am   /   Oil & Gas

Comprehensive CCS project connecting Germany and Norway CO2 transportation from continental Europe and storage on the Norwegian Continental Shelf Estimated pipeline capacity of 20 to 40 million tonnes per year by 2037 Reconfirming the companies’ commitment to meeting EU climate targets Wintershall Dea and Equinor have agreed to pursue the development of an extensive and safe […]

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eni

Eni looks to establish 10 GW of solar & wind projects in Egypt, boost gas exports to Europe

Posted: September 1, 2022 at 10:48 am   /   Oil & Gas

Eni to go big on Egypt’s renewable energy sector? Eni could establish 10 GW of renewable energy projects in Egypt “in the forthcoming years,” the Italian energy giant said in a statement. The company’s CEO, Claudio Descalzi, “agreed on the opportunity to implement” the solar and wind projects during a meeting with President Abdel Fattah El Sisi […]

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Shearwater Nvidia

Shearwater GeoServices collaborates with NVIDIA to optimize Reveal for GPU

Posted: August 30, 2022 at 1:30 pm   /   Oil & Gas

Shearwater GeoServices Holding AS (“Shearwater”) announced a collaboration with NVIDIA for optimization of the most compute-intensive algorithms in the Reveal seismic processing software for NVIDIA’s high-end GPUs (graphics processing units). A growing number of companies in the energy sector use Reveal to enhance their seismic data. For Shearwater, it is strategically important to continue to […]

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Solar

KarmSolar to sell a minority stake to investors via a capital increase

Posted: August 30, 2022 at 1:26 pm   /   Renewables

Solar energy company KarmSolar will sell a minority stake to investors via a capital increase as it looks to expand its presence in Egypt and across the region, it said in a statement. The company hopes to raise “a significant amount” in the investment round, KarmSolar CEO Ahmed Zahran told Enterprise, but stopped short of disclosing the target sum […]

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Bluware

Bluware, Shearwater Announce Partnership to Accelerate Seismic Processing

Posted: August 30, 2022 at 12:50 pm   /   Oil & Gas

Bluware and Shearwater GeoServices Announce Partnership to Accelerate Seismic Processing by Integrating Volume Data Store (VDS) Seismic Data Format into Reveal. Bluware Corp., the digital platform that enables the energy industry to accelerate digital transformation initiatives and adopt cloud computing for subsurface data, is partnering with Shearwater GeoServices, a global provider of powerful geophysical marine seismic […]

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