PGS Release West Egypt MC3D Depth Merge and Interpretation
PGS, in collaboration with EGAS, has completed an extensive 3D GeoStreamer data acquisition and imaging campaign in Egypt’s west Mediterranean Sea. These data have now been merged into a single full stack depth seismic volume (KPSDM), including two pre-existing reprocessed overlapping MC3D surveys (legacy 3D data). The wider area was mapped using 2D seismic data in 2016 […]
Shearwater to Donate Reveal Seismic Software to Universiti Teknologi PETRONAS
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 […]
CGG Awarded Industry-First 3D OBN Nile Delta Imaging Contract by bp
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 […]
Schlumberger highlights Egypt’s 2021 Digital Bid Round opportunities
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 […]
Schlumberger: Accelerating Energy Discovery and Investment Growth in Egypt
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 […]
Egypt to offer 11 blocks in West Mediterranean Bid Round by Q1-2020
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 […]
TGS and Spectrum execute merger agreement and plan
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 […]
August cut-off point for Egypt’s Red Sea Offshore Bid Round
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 […]
TGS acquires Spectrum to create leading multi-client geophysical data provider
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 […]
Marine seismic players optimistic as exploration budgets ‘likely to increase’
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 […]
