Geology & Geophysics ///

Dominican Republic to hold first licensing round

The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round to open at an event in Houston on July 10, 2019, closing in December 2019.

DNV GL, Kongsberg and Subsea 7 finish DP remote digital survey pilot

Classification society DNV GL, Kongsberg Maritime and Subsea 7 have successfully concluded the pilot testing of Kongsberg Maritime’s (KM) DP Digital Survey (KMDS) application on board the Subsea 7 vessel Seven Kestrel.

CGG, Fairfield Geotechnologies join forces on large WAZ survey in Louisiana’s Austin Chalk

CGG and Fairfield Geotechnologies have signed a cooperation agreement to acquire a large-scale, multi-client survey in south-central Louisiana.

CGG to collaborate with Microsoft to deliver cloud-based geoscience data, technologies

CGG, a leading geoscience company, is pleased to announce collaboration with Microsoft to deliver its geoscience products, data and services on Microsoft Azure and accelerate Exploration and Development workflows for its oil and gas company clients.

Aker BP completes drilling of wildcat, northeast of Gina Krog

Aker BP ASA, operator of production licence 814, has completed the drilling of wildcat well 15/6-15.

CGG, Shearwater GeoServices form strategic partnership

CGG has signed a binding term-sheet with Shearwater GeoServices Holding AS (Shearwater) for a strategic partnership for marine seismic acquisition services and creation of a new streamer technology company.

TGS announces Atlantic Margin 2019 survey in the Norwegian Sea

TGS announced it will manage the new Atlantic Margin 2019 3D multi-client project in the Norwegian Sea.

ION completes development of next-generation ocean bottom technology

ION Geophysical Corporation has announced the completion of all 4Sea system components designed to revolutionize the safety, efficiency, quality and turnaround time of seabed data acquisition and imaging.

Total SA quits DRC crude search, partner says

Oil giant Total SA, the only oil major exploring for crude in the Democratic Republic of Congo, indicated it’s pulling out of a block in the central African nation, one of its partners said.

Shell continues South African oil expansion with second deal

Months after a major discovery by Total SA boosted the country’s hydrocarbon prospects, Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters.

Sierra Leone announces re-opening of 4th licensing round

The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners and Getech, are delighted to announce the re-opening of the 4th Licensing Round as of May 21, 2019.

Vermilion, Aspect and EPH submitted bids for oil and gas acreage in Ukraine

The nine blocks that were opened for PSA tenders in February 2019 have received 22 bids from 13 companies.

Mongolian explorer Petro Matad reports operations update

Petro Matad Limited, the AIM-quoted Mongolian oil explorer, is pleased to provide an update on preparations for the 2019 drilling campaign in Block XX and PSC extension applications for Blocks IV and V.

Caspian Sunrise takes third core sample from Airshagyl, Kazakhstan

Caspian Sunrise has announced that work has commenced on a third core sample taken from Deep Well A8 on the Airshagyl structure at its flagship BNG Contract Area.

Sercel delivers five 508XT acquisition systems to ONGC in India

Sercel has announced the successful delivery of five of its state-of-the-art 508XT seismic acquisition systems to India’s national oil company, ONGC.

South Australia offers Cooper-Eromanga and Otway basins acreage licensing

Five (5) new petroleum exploration licenses (PEL) in the Cooper Basin and three (3) new petroleum exploration licenses in the Otway Basin are being offered by the South Australian Government on the basis of work program bidding.

Supermajors lead the way in high impact exploration

The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018, limited by a lack of depth in the quality of global drilling opportunities, according to experts at research consultancy, Westwood Global Energy Group.

Brazil's ANP identifies opportunity to postpone oil and gas auctions in 2019

There is room to discuss postponement of at least one oil and gas auction in 2019.

MOL Norge AS completes drilling of wildcat southwest of Trym field

MOL Norge AS, operator of production licence 539, is in the process of completing the drilling of wildcat well 3/7-11 S.

Brazil wants to double gas outflow from pre-salt formation

New routes to deliver the natural gas produced in the pre-salt could require $2 billion in investments, according to the Energy Research Company (EPE).