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Seismic Vessels News

26 Feb 2024

Glamox to Light Up PGS’ Seismic Vessels

(Credit: PGS)

Lighting solutions specialist Glamox has won a contract from PGS to provide marine LED lighting for eight of its vessels that undertake seismic surveys of the seabed.This first phase of the major retrofit project will involve replacing fluorescent tube lighting with around 2,500 marine-certified LED luminaires fitted on the exterior and interior of the eight vessels.PGS’s switch to energy-efficient LED lighting is being driven by its desire to comply with emission reduction targets…

06 Aug 2020

TGS Makes Surprise $600 Mln Offer for Part of Rival PGS

(Photo: PGS)

Seismic surveyor TGS, a supplier of geological data to the global oil industry, on Thursday said it had made an unsolicited cash offer of $600 million for a key part of rival PGS.If successful, the offer to buy PGS's so-called multi-client library would significantly broaden TGS's worldwide geophysical data offering, the company said.PGS did not immediately respond to a request for comment from Reuters.In addition to spending cash from its current holding, TGS said it will borrow $200 million and also conduct an equity issue to pay for the transaction.While TGS' strategy has been one of rentin

14 Jul 2020

Chinese Ships Intruded into Malaysian Waters 89 Times in Four Years -Report

File photo Chinese seismic vessel Haiyang Dizhi 8 (Credit: China Geologic Survey)

Chinese coastguard and navy ships intruded into Malaysian waters in the disputed South China Sea 89 times between 2016 to 2019, and often remained in the area even after being turned away by the Malaysian navy, the government said in a report on Tuesday.The report comes amid escalating tension between the United States and China over Beijing’s claims to most of the resource-rich South China Sea, which is also a major trade route.The Philippines, Brunei, Vietnam, Malaysia and Taiwan have their own claims that overlap in part with China’s and…

15 May 2020

Chinese Survey Ship Leaves Malaysian Waters After Standoff

Haiyang Dizhi 8 seismic survey vessel (File photo: China Geologic Survey)

A Chinese survey ship that had been involved in a month-long standoff with a Malaysian oil exploration vessel in the South China Sea has left Malaysia’s exclusive economic zone (EEZ), shipping data showed on Friday.Since mid-April, the Haiyang Dizhi 8 had been surveying in the EEZ, close to where a drillship contracted by Malaysian state oil firm Petronas had been operating in waters claimed by Malaysia, Vietnam as well as China.The West Capella, the ship contracted by Petronas…

19 Feb 2020

CGG Officially Exits Seismic Data Biz

French-based geophysical services company CGG announced that it has completed the wind-down and exit from its land seismic data acquisition business after completing its last land seismic acquisition contract in Tunisia.Following on from the company’s recently announced exits from seabed and marine data acquisition, this milestone marks the successful completion of CGG’s strategy to exit the seismic data acquisition business.To date, CGG still retains a minority shareholding in the ARGAS company operating in the Middle East.Sophie Zurquiyah, CEO of CGG, said: “The exit from our seismic data acquisition business, one of CGG’s long-standing historic areas of expertise…

30 Jan 2020

Polarcus Seismic Vessel Refit Completed

(Photo: Navalrocha)

Portugal’s Navalrocha shipyard said it has completed a multimillion-euro repair and refit project for Dubai-based marine geophysical company Polarcus.The drydock project which completed in January 2020 involved a broad package of work to the ultra-modern 14 streamer 3D/4D seismic vessel – Polarcus Naila.The vessel is environmentally advanced with diesel-electric propulsion, high specification catalytic converters, a double hull and advanced bilge water cleaning system.“The Polarcus Naila visited Navalrocha shipyard for a total of 33-days running through the Christmas period…