TGS has announced the Amazonia Azul 2D-cubed project, the first of its kind offshore Brazil. This project represents an expansion of TGS multi-client data coverage in the region and aims to enhance the understanding of the Brazil Equatorial Margin area. Covering a vast area of 268,506 sq kms, the Amazonia Azul 2D-cubed project will play a crucial role in unlocking the potential of this offshore basin.
AIM-listed Egdon Resources has advised that it has reluctantly made the decision to withdraw the planning appeals in relation to the refusal of planning consent for exploratory drilling at North Kelsey, which were due to be heard at a hearing on 14 and 15 June 2023. Egdon will be submitting a new planning application for consideration by Lincolnshire County Council as soon as possible.
Sercel has announced the sale and imminent delivery of a 60,000-channel 508XT land acquisition system and 25 VE464 advanced digital vibrator control sets to a major North African geophysical services provider.
Jadestone Energy, an independent oil and gas production company focused on the Asia-Pacific region, has announced the successful completion of the US$85 million financing announced on 6 June 2023.
ADNOC Drilling Company has signed an agreement to acquire two premium high-specification Gusto MSC CJ46 design offshore jack-up drilling units. The combined rig acquisition cost is $220 million.