SAExploration Holdings Inc. said that it is initiating a process to analyze and evaluate various strategic alternatives to address its capital structure and to position SAE for future success on April 13.
SeaBird Exploration Plc said it has been notified that the end-client has canceled the two OBN surveys off West Africa due to the COVID-19 situation on April 6.
TDI-Brooks International, under contract to TGS, said April 2 it has completed its offshore “seep-hunting” surface geochemical analysis and geotechnical campaign of the MSGBC Basin, from Northern Senegal through The Gambia and AGC zone, into Guinea-Bissau down to the Guinea transform fault.
TGS, a leading provider of multi-client geoscience data for E&P companies, said April 2 that it will be commencing the Atlantic Margin 20 (AM20) 3-D multiclient project as soon as the marine seismic acquisition season gets underway in north-west Europe this summer.
TGS, a leading provider of multi-client geoscience data for E&P companies, in partnership with PGS, released the final 3-D seismic data results offshore Newfoundland and Labrador on March 31, ahead of the C-NLOPB announcement of parcels and the forthcoming licensing round.
Searcher reached a marketing and sales agreement with Timor-Leste’s Petroleum Authority, Autoridade Nacional Do Petroleo E Minerals (ANPM) on March 25 for its Offshore Timor-Leste data and study package.
Polarcus Ltd., which operates ships that search for offshore oil and gas, announced two project cancellations on March 23 that will reduce its fleet utilization next quarter, highlighting the effects of the oil price slump on the energy services sector.
TGS and Fairfield Geotechnologies have agreed on March 9 to acquire a new multiclient survey within the area of mutual interest (AMI) established between the two companies in June 2018.
Following the highly successful Amendment Phase 1 project acquired in Mississippi Canyon in 2019, TGS, in partnership with Schlumberger, on March 9 revealed the second phase of their ultra-long offset node project in U.S. Gulf of Mexico (GoM).