If successful, the offer to buy PGS’s multiclient library would significantly broaden TGS’s worldwide geophysical data offering, TGS said.
TGS, a leading provider of multiclient geoscience data for E&P companies, said July 28 it has completed the East Coast Canada Facies Map Browser and Play Fairway Analysis (ECC FMB & PFA).
The project is scheduled to commence in first-quarter 2021, subject to relevant approvals.
Fugro has mobilized two additional vessels off the coast of New Jersey to support their ongoing site characterization work for Atlantic Shores Offshore Wind, a joint venture between Shell New Energies US LLC (Shell) and EDF Renewables North America, the company said on July 9.
Both companies have modern, high-quality multiclient data libraries that together cover all the significant hydrocarbon provinces around the world.
Polarcus Ltd. has revealed on June 22 it will cut its workforce by 20% and senior-level salaries by 10% to help navigate the market uncertainty caused by the combined impact of the COVID-19 pandemic and oil price volatility.
Fairfield Geotechnologies and DUG Technology have signed a comprehensive strategic agreement on June 18 that includes the reprocessing and imaging of over 5,000 sq miles of multiclient seismic data.
TGS, a leading provider of multi-client geoscience data for E&P companies, said June 17 that in collaboration with the ANPM, it has commenced a 2Dcubed seismic data project covering offshore Timor-Leste, in support of the country’s ongoing license round.