TGS: Signs Letter of Intent to Acquire Polarcus’ Multi Client Library
TGS has today entered into a Letter of Intent to acquire Polarcus’ multi-client library, with the exception of Australia, for a price of USD 27.5 million on a cash and debt free basis. The transaction is subject to due diligence and final definitive documents with target closing date on or …
Fugro Divests Multi Client Seismic to Spectrum ASA
Fugro has signed an agreement to divest its multi-client data library to Spectrum ASA, a Norwegian multi-client seismic data specialist supplying the global oil and gas industry with sub-surface imagery on a non-exclusive basis, for a cash consideration of US$ 115 million (approximately EUR 100 million) The multi-client library business …
TGS and Dolphin Team Up For Hammerfest Basin MCS
TGS announces that it has signed a joint venture agreement with Dolphin Geophysical (DOLP) to acquire 4,500 km2 3D multi-client seismic survey over the western part of the Hammerfest Basin in the Barents Sea. The survey will provide industry with broadband data over APA acreage not previously covered by modern …
Polarcus launches first 3D multi-client project
Polarcus Limited is pleased to announce that the Company will commence acquisition in Q2 2011 of its first 3D multi-client project, in Quad 28 of the UK Continental Shelf. The survey, with the potential to cover an area of up to 2,000 square kilometers, is supported through industry pre-funding. The …