CGG has announced the sale, to Bon Ton Seismic LLC (Bon Ton), of its US land seismic multi-client library encompassing approximately 20,000 square miles (about 52 000 km² ) of 3D seismic data for a total cash consideration of US$63 million.
Feature Articles
Government’s ‘Unreasonable Price Provision’
The Chief Executive Officer of Beach Energy, Morné Engelbrecht, says that the so-called “reasonable price provision” touted by the Commonwealth Government will cause irreparable damage to the investment environment desperately needed for gas exploration and development, and in turn energy security and future prices in Australia.
PGS and TGS Expand MultiClient Coverage Offshore Brazil
PGS, in collaboration with TGS, has secured pre-funding for the Santos Sul MultiClient 3D project in the southwest Santos Basin offshore Brazil.
CGG Announces New Integrated Multi-Client Data Project in Southeast Arizona
CGG has announced a new multi-client data project in Southeast Arizona focusing on exploration and development in the mining industry.
Westwood Wildcat Joins the GeoClerk Platform
Searcher Seismic has announced its latest GeoClerk partnership with Westwood Global Energy Group.
PGS Wins Contract Award in Busy Mediterranean
PGS has been awarded a 3D exploration acquisition contract in the Mediterranean by an independent energy company.
CGG Wins Multi-Year Extension of Dedicated Imaging Center for Brunei Shell Petroleum
CGG has been awarded a multi-year contract extension by Brunei Shell Petroleum Company Sdn Bhd (BSP) to continue operating a dedicated seismic imaging center at its head office in Seria, Brunei.
Resources industry launches new workplace sexual harassment campaign
As the world today commences 16 Days of Activism Against Gender-Based Violence, Australia’s resources and energy industry has launched a new national campaign helping to address workplace sexual harassment.
Sercel makes another major sale of 508XT in North Africa
Sercel has announced the sale of an 80,000-channel 508XT acquisition system and
24 Nomad 65 Neo broadband vibrators for deployment on a 3D mega-crew seismic survey in North Africa in late 2023.
Energy Dreams or Nightmares? New EnergyQuest Report Plots Tortured Path Ahead for East Coast Gas
The latest annual east coast report from independent energy consultancy EnergyQuest, East Coast Gas Outlook to 2040, Navigating the Storm, finds that the outlook for east coast gas production has improved over the last year in response to higher gas prices but remains challenged.