Shearwater, WesternGeco sign Global Agreement for Seismic Acquisition Services
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 […]
Shearwater GeoServices changes the rules for ocean bottom seismic with introduction of Pearl
Shearwater GeoServices (Shearwater) is pleased to announce the launch of Pearl, a significant advance in ocean bottom nodal technology with several industry-first innovations. The Pearl node offers a new standard for time and cost efficiency which expands the potential ocean bottom seismic market, enabling solutions to geoscience challenges that were previously not possible. Pearl is […]
Shearwater GeoServices recycles four vessels as part of its fleet renewal strategy
Shearwater GeoServices Holding AS (“Shearwater”) is divesting the four seismic acquisition vessels Polar Marquis, Oceanic Challenger, SW Emerald, and SW Eagle for recycling as part of its fleet renewal strategy. The first two vessels, Polar Marquis and Ocean Challenger, have been delivered in Turkey for recycling in accordance with EU regulations and the 2009 Hong […]
Shearwater GeoServices awarded large 3D and 4D programs by Petrobras
Shearwater GeoServices Holding AS (“Shearwater”) today announced the award of a 4D monitoring contract for towed streamer seismic acquisition in the Campos Basin offshore Brazil. These 3D and 4D programs will be conducted over 9-months by the SW Empress, over the Marlim, Albacora, and Voador fields, starting in late Q2 2021. 4D time-lapse seismic monitoring […]
Shearwater GeoServices acquires streamers from Polarcus, renews fleet
Shearwater GeoServices Holding AS (Shearwater) today announced two transactions to take over marine seismic acquisition assets previously owned by Polarcus, from Tiger Moth AS, a company affiliated with Woodstreet Inc. Shearwater has acquired streamers and related seismic equipment for a total cash consideration of USD 50 million. The company further purchased six seismic acquisition vessels […]
AustinBridgeporth: Egypt’s Buried Secrets – The Horus-1 eFTG Survey
By Mark Davies, and Gary Barnes, AustinBridgeporth (GEO ExPro October 2020 Issue) The first outing of the world’s most sophisticated airborne gravity gradiometer has already yielded fascinating insights into the unexplored Egyptian subsurface. In today’s rich smörgåsbord of exploration technology, we rarely get to witness a significant leap forward in instrumentation advancement. Nonetheless, this is […]
TGS starts its first ever airborne eFTG Multi-Client Survey in Egypt
TGS Commences Egyptian Multi-Year Geophysical Survey TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced that it has commenced its first-ever regional airborne Enhanced Full Tensor Gravity Gradiometry (eFTG) multi-client survey – together with magnetic and Lidar data – over the Upper Egypt region of the country. This survey […]
Shearwater acquires Schlumberger marine seismic business
Transaction includes marine seismic vessels, proprietary acquisition technology and facilities. Shearwater GeoServices Holding AS and Schlumberger today jointly announced that they have entered into a definitive agreement for Shearwater to acquire the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger. The transaction is subject to regulatory approvals and […]
WesternGeco to exit onshore & offshore seismic acquisition business
WesternGeco is exiting the business of marine and land seismic acquisition. This was revealed by its parent company Schlumberger which said that WesternGeco did not meet return expectations going forward. Schlumberger Chairman and CEO Paal Kibsgaard said:”With the significant changes seen in customer priorities and buying habits in recent years, we have also continued to […]
