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Tag: Seismic
CGG

CGG Awarded Industry-First 3D OBN Nile Delta Imaging Contract by bp

Posted: July 6, 2022 at 3:02 pm   /   Oil & Gas

CGG has been awarded a project by bp and JV Partner Pharaonic Petroleum Co for the 3D seismic imaging of the first OBN survey ever conducted in the Nile delta covering the Atoll and Atoll North fields. CGG will apply its unique high-end OBS & FWI imaging technologies, expertise and specialised HPC from its UK […]

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egypt-virtual-bid-round-blocks-map-2

Schlumberger highlights Egypt’s 2021 Digital Bid Round opportunities

Posted: May 26, 2021 at 2:17 pm   /   Oil & Gas

Brownfield, greenfield, and frontier exploration investment opportunities across Egypt. The industry’s first fully digital bid round is open in multiple areas across Egypt’s Western Desert, Gulf of Suez, Nile Delta, and Mediterranean Sea regions—open now through 1 August 2021. Explore Egypt’s brownfield, greenfield, and frontier exploration opportunities On 17 February 2021, Egypt opened diverse new […]

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Karim Badawi

Schlumberger: Accelerating Energy Discovery and Investment Growth in Egypt

Posted: March 27, 2021 at 12:11 pm   /   Oil & Gas

Discussion about an innovative national project for the digitalization of Egypt’s subsurface information The Egyptian government has a strategic plan for modernizing its petroleum sector. For several years, the country has been working toward becoming more agile, integrated, and efficient while laying the groundwork to become a strategic energy hub for the region. To this […]

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West Med

Egypt to offer 11 blocks in West Mediterranean Bid Round by Q1-2020

Posted: May 30, 2019 at 12:15 pm   /   Oil & Gas

EGAS plans fresh WestMed gas exploration tender: The Egyptian Natural Gas Holding Company (EGAS) plans to put some 11 natural gas exploration blocks in the western Mediterranean up for auction by 1Q2020, a source from the company told Al Shorouk. EGAS has finalized studies and seismic scans, and is waiting for the Oil Ministry to […]

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TGS

TGS and Spectrum execute merger agreement and plan

Posted: May 21, 2019 at 4:53 pm   /   Oil & Gas

With reference to announcements on 2 May 2019, TGS-NOPEC Geophysical Company and Spectrum have announced that their respective board of directors have unanimously approved and decided upon a final merger agreement and merger plan in line with the terms previously announced. The merger plan is now to be submitted to and registered by the Norwegian […]

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Red Sea

August cut-off point for Egypt’s Red Sea Offshore Bid Round

Posted: May 11, 2019 at 10:31 pm   /   Oil & Gas

Egypt’s Ministry of Petroleum and Mineral Resources is offering 10 exploration blocks in the Red Sea close to established hydrocarbon production. Closing date for submission of bids is Aug. 1. TGS is supporting the licensing round by making available the following data: 10,318 km (6,411 mi) of Red Sea ’18 (RS18) 2D long-offset broadband seismic, PSTM/PSDM) >16,500 […]

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TGS

TGS acquires Spectrum to create leading multi-client geophysical data provider

Posted: May 4, 2019 at 11:09 am   /   Oil & Gas

Creating a leading multi-client geophysical data provider in all major mature and frontier basins world-wide Transaction establishes fourth main revenue generating hub and fits well with strategic ambition of growing exposure towards South Atlantic Spectrum owns the world’s largest 2D library, which combined with TGS’s financial robustness facilitate for acceleration of 3D investment plans Scale […]

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Polarcus

Marine seismic players optimistic as exploration budgets ‘likely to increase’

Posted: November 3, 2018 at 1:37 pm   /   Oil & Gas

Oslo-listed marine seismic data providers TGS and Polarcus are hoping 2019 will be a year of a more significant recovery for seismic players, as they expect the oil and gas companies to boost their exploration budgets on the back of higher oil prices. The two companies on Thursday posted the results for the third quarter […]

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WesternGeco Seismic

First phase of Red Sea seismic mapping completed – El Molla

Posted: October 21, 2018 at 3:16 pm   /   Oil & Gas

Phase one of seismic mapping of Red Sea completed: The first phase of the seismic mapping of energy and mineral resources in the Red Sea — a precursor step to tendering exploration concessions there — has been completed, Oil Minister Tarek El Molla said on Thursday, according to Al Shorouk. Tendering concessions there to the […]

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MP Schlumberger

Oil Ministry, Schlumberger to host convention on Red Sea exploration

Posted: September 3, 2018 at 10:16 am   /   Oil & Gas

Oil Ministry, Schlumerger to host international convention in November on energy exploration in the Red Sea. The Oil Ministry and Schlumberger Ltd. will organize a conference in Hurghada this November to promote and market available concessions and oil and gas exploration areas in the Red Sea area, according to a ministry statement. The news came […]

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