PXGEO Acquires Modus Subsea Services
Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering.Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention drones (UID) based on the Saab Sabertooth platform. The company has also developed and commercialized the industry's first-ever UID subsea residency solution.Residency, where the vehicle remains docked with a subsea docking station for charging and data transfer, aims to provide survey and inspection, maintenan
Shearwater to Buy Schlumberger’s Seismic Business
Norwegian marine geophysical services company Shearwater GeoServices Holding AS has entered into a definitive agreement to acquire the marine seismic acquisition assets and operations of Schlumberger’s geophysical services product line, WesternGeco.The transaction, which remains subject to regulatory approvals and other customary closing conditions, is expected to close in the fourth quarter of 2018.Houston based Schlumberger will receive cash consideration based on an enterprise value of $600 million plus a 15 percent post-closing equity interest in Shearwater. For a limited period, Schlumberger
FairfieldNodal to Acquire WGP
FairfieldNodal is in advanced discussions with Thalassa Holdings to acquire WGP Group Ltd., a premier provider of marine geophysical services headquartered in the U.K. FairfieldNodal continues to seek opportunities to strengthen and expand its technology portfolio, and transform itself into a world-class provider of integrated life of field seismic services, data and data analytics over the next three to five years through a combination of strategic partnerships and acquisitions. WGP provides a unique set of adjacencies to complement FairfieldNodal’s existing technology and services
Offshore eLearning Sans Internet Access
locations. Developed by Oilennium, the ConTrainer was created in response to demand from oil and gas companies seeking to provide interactive learning for employees working in remote locations where access to the Internet is intermittent. Norway’s Dolphin Geophysical, which supplies marine geophysical services with its fleet of seven seismic vessels, recognized a need to train its crews consistently, whether offshore or docked in harbor. “Before we began using the ConTrainer, our efforts to train crews on vessels via eLearning systems were compromised by constrained VSAT access to the
Dolphin Awarded North Sea 3D Seismic Contract
;, says Håvard Åsli, Regional Marketing and Sales Manager for North Europe, "with all of our vessels working in the North Sea region and busy into Q4". Norway's Dolphin Group ASA is the parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine geophysical services. Dolphin operates a fleet of new generation, high capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on a worldwide basis.
North Sea Seismic Survey Contracts for Dolphin
;These early awards with major clients improve our earnings visibility and supports our view that we can expect a busy summer in the North Sea", says Atle Jacobsen, CEO. Dolphin Group ASA is the parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine geophysical services. Dolphin operates a fleet of new generation, high capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on a worldwide basis.
February 2024
