fugro

David Bamford It can be argued that over the last 20 years or so, offshore explorers have become ‘lazy’, relying on regional 3D seismic to bring them success. This will not be possible when explorers turn to looking for unconventional resources onshore; the innovative use of technology will be the …

TGS-NOPEC Geophysical Company ASA announces a commercial agreement to sell Fugro’s 2D multi-client library. As a result of this agreement, Fugro provides TGS with an exclusive right to licence and market the majority of Fugro’s multi-client 2D library and receive commission fees on the sales of this data. The agreement …

CGGVeritas announced today its non-audited third quarter 2012 consolidated1 results. All comparisons are made on a year-on-year basis unless stated otherwise. Third quarter results Revenue totaled $855 million, up 7% Operating income increased by 17% to $114 million, a 13% margin Services operating income was at $62 million, a 10% …

The share capital increase through the distribution of preferential subscription rights to existing shareholders launched by Compagnie Générale de Géophysique – Veritas (CGGVeritas) on 26 September to fund the acquisition of the businesses of the Geoscience division (excluding multi clients library and OBN businesses) of Fugro (the “Geoscience Division”) has …

TGS has commenced a new 1,000 km multi-client 2D survey in Northeast Greenland in partnership with Fugro. This survey will enable customers to prepare for the announced Greenland Licensing Round in 2012/2013 and will significantly add to a data set that TGS has been growing since 2008 in this promising …