An Agreement to Develop the Changule Oil Field Will be Signed Soon
The head of the National Iranian Oil Company (NIOC) said that the contract for the development of the Changuleh oil field will be signed soon, Shana reports. The agreement to develop the Chengule oil field, which has reserves of 3.2 billion barrels of oil, aims to produce 60,000 barrels of …
Rosneft and BP Russia: Sign Collaborative Agreement with Schlumberger on Seismic Research and Development
Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger was represented by President for Russia and Central Asia Gokhan …
Sercel: QuietSea Continues to Gain Momentum
Sercel announced today that its revolutionary new QuietSea™ system, used to detect the presence of marine mammals during seismic operations, has been successfully operating onboard multiple seismic vessels across a range of geographical locations. QuietSea was recently deployed and tested on a major 3D variable-depth streamer survey conducted by CGG in the Atlantic Ocean …
Polarcus: Awarded Additional Boadband 3D Project
Polarcus Limited is pleased to announce that the Company has received a Letter of Intent (“LOI”) from an undisclosed client for a 3D marine seismic project utilizing Polarcus’ RightBAND(TM) technique for broadband data acquisition. The project, subject to the execution of a service contract, will commence in Q4 2015 and …
Polarcus Signs Agreement with TGS to Extend 3D Vessel Charter, Offshore Norway
Reference is made to the stock exchange notice published by Polarcus Limited on 09 April 2015 regarding the announcement of a Letter of Award from TGS-NOPEC Geophysical Company ASA for a 3 month charter of the Company’s 3D seismic vessel, POLARCUS ADIRA, with an option for a further charter. Polarcus …
Gazprom: Exploration Activities Adds Over 800 Billion Cubic Metres of Gas
On the threshold of Gazprom’s annual General Shareholders Meeting the Company’s headquarters hosted today Press Conference “Mineral and Raw Material Base Development. Gas Production. Gas Transmission System Development”. Taking part in the Press Conference were Vitaly Markelov, Deputy Chairman of the Management Committee, Gazprom; Members of the Gazprom Management Committee: Oleg Aksyutin, Dmitry Lyugai, Sergey …
Gazprom: Developing Our Resource Base
Gazprom’s Geological Exploration Program will not be considerably adjusted. Despite a not too favorable international economic situation, sector-specific sanctions of the USA and Europe against Russia as well as a difficult financial environment in our country, Gazprom keeps enhancing its mineral resource base as well as getting ready for development …
Zoltav Resources: Aiming to "Live Within Our Means and Focus on Operational Excellence"
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2014. Corporate Highlights · Acquired 100 per cent. interest in the Bortovoy Licence in the Saratov Oblast of the Russian Federation on 18 June 2014 for US$180 million – …
Zoltav Resources: Aiming to “Live Within Our Means and Focus on Operational Excellence”
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2014. Corporate Highlights · Acquired 100 per cent. interest in the Bortovoy Licence in the Saratov Oblast of the Russian Federation on 18 June 2014 for US$180 million – …
Polarcus: Sets New Standard for True Fast Track Processing
Polarcus has completed its first commercial onboard broadband fast track data processing project for one of the world’s largest independent oil and natural gas exploration and production companies, setting a new standard for turnaround. A 1,750 square kilometer broadband 3D volume was successfully processed through pre-stack time migration (“PSTM”) onboard …