June 7, 2021: Oslo, Norway, PGS seismic vessel Ramform Titan has begun acquisition of the Cape Anguille program, in partnership with TGS. This program expands the PGS-TGS joint venture with another 10 000 square kilometers of GeoStreamer 3D coverage in Newfoundland’s prospective Orphan Basin. The survey covers existing lease blocks and open acreage. Acquisition is expected to complete mid-September 2021. PGS will deliver fast-track results in November 2021, and final imaging and interpretation p
ISLAMABAD: In a recent Coordinated Inauthentic Behaviour report of Facebook, the social media platform has taken down 40 Facebook accounts, 25 Pages, six Groups, and 28 Instagram accounts based in.
HOUSTON, June 01, 2021 (GLOBE NEWSWIRE) ION Geophysical Corporation (NYSE: IO) and PGS (OSE: PGS) today announced the successful completion of a survey offshore Egypt acquired on behalf of Shell with an innovative Extended Long Offset (ELO) design in combination with ION’s Gemini™ source technology. This is the last in a string of PGS programs successfully acquired in the Mediterranean starting in July 2020, and the first proprietary deployment of ION’s extended frequency source. The Ramform Tethys towed a wide multi-sensor GeoStreamer® configuration, while the Ramform Sovereign towed ION’s extended frequency source, designed to help capture richer low frequencies to improve subsurface characterization while limiting higher frequencies to a more ecologically-friendly range. All three companies are aligned in their dedication to sustainable business practices that minimize the environmental impact of operations. “Shell is pleased to have introdu
PGS has begun the first phase of the Cyprus Vision data rejuvenation project in partnership with the Cypriot Ministry for Energy, Commerce and Industry. Revealing Prospectivity in Cypriot EEZ This 14 750 sq. km PSDM re-processing endeavor will deliver a single data volume over several highly prospective blocks in the Cypriot EEZ. Enhanced processing flows will add significant value to four input surveys, which were acquired between 2013 and 2017. The final re-processed Cyprus Vision volume will be delivered on a common grid. "Cyprus has attracted strong industry interest in its context in the wider Eastern Mediterranean region. Multiple commercial gas discoveries have been made in recent years, most notably Zohr, Calypso, and Glaucus, and there is also the possibility of pre-salt Miocene sand-hosted reservoirs," says Joshua May, PGS Business Development Manager Africa, Mediterranean and Middle East. Final PSDM re-processed deliverables from Cyprus Vision Phase One will be rea
May 27, 2021: Oslo, Norway, PGS has been awarded a significant acquisition contract in the Black Sea. The project is scheduled to start mid-August 2021 and be completed in November. There are options related to the contract with potential for the program to extend well into 2022. The Ramform Vanguard will acquire the survey using an exploration configuration towing a 12x8000 meter spread. “We are pleased to be awarded this project, which is a solid contribution to our order book. We reactivated the Ramform Vanguard for the North Sea summer season because of increased seismic acquisition activity. The plan was to take her out of operation after the summer season. Sales leads and active tenders remain healthy, and this contract award is evidence of a continued positive market sentiment, which we believe will extend into the winter season. The Ramform Vanguard and her highly experienced crew, in combination with our proprietary GeoStreamer® technology makes us well positioned