TGS Starts Barents Sea 3D Seismic Survey

Press Release
Wednesday, June 19, 2013

The 3D EM data is being acquired by the M/V 'Atlantic Guardian': data will be available to clients through both EMGS and TGS. The survey is supported by industry funding.

TGS in partnership with Electromagnetic Geoservices ASA (EMGS) signed an agreement to jointly invest in a 3D electromagnetic (EM) multi-client survey covering 11 blocks, or approximately 3300 km2, in the Hoop area of the Barents Sea.

Under the terms of the previously announced agreement, EMGS will be given access to TGS' 2D seismic data for survey planning and integration purposes, while TGS will obtain access to 3D EM data to evaluate and plan subsequent multi-client work over the area.

"TGS and EMGS are pleased to now join forces in the Barents Sea," commented Stein Ove Isaksen, Senior VP Eastern Hemisphere for TGS.  "Both companies have a strong track record in this area and several case studies have shown the value of integrating EM and seismic data to reduce exploration risk and identify new hydrocarbon prospects. This project represents a strong start to our previously-announced cooperation agreement."
 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

ECO Orders Rolls-Royce Equipment for New AHTS

Rolls-Royce has been awarded a contract worth $30.6m with the American owner Edison Chouest Offshore (ECO). The contract for ship equipment comprises Azimuth main propulsion,

Seadrill: Rig Rates Have Not Bottomed

The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae

Kvichak, Vigor Announce Merger

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak

Offshore

Seadrill: Rig Rates Have Not Bottomed

The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae

‘Blue Queen’ on First Mission

The platform supply vessel 'Blue Queen', an ULSTEIN PX121 design, was named at Ulstein Verft on Friday 27 February. The ship will be working in the spot market.

Fiji Maritime Academy Bullish on Prospects

The Fiji Maritime Academy (FMA) is on the right track to become one of the finest maritime training institutions in the region. It has also achieved an important

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2058 sec (5 req/sec)