Fugro Takes Over Seabed Geosolutions
Fugro announced on Monday it has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions and to terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange for a cash consideration of $35 million, paid by CGG before year-end 2019.Fugro said it remains fully committed to divest the Seabed Geosolutions business which is a non-core asset held for sale. It is expected that this transaction, which will result in Fugro becoming the sole owner of Seabed Geosolutions, will facilitate the divestment process.In line with CGG's
Seabed Geosolutions to Perform Santos Basin Survey
Seabed Geosolutions has secured a letter of award to provide a 3D ocean bottom node (OBN) survey in 2,000 m of water in the Santos Basin, offshore Brazil.The 410-square-kilometer survey, which has a contract value of more than $50 million, will be performed for a prominent energy company using Seabed Geosolutions’ proprietary Manta OBN technology and remotely operated vehicles. The four-component (4C) project will begin in the second quarter of 2020 and will take around 4 months to complete.Stephan Midenet, CEO of Seabed Geosolutions, said, “We are excited to work with a pioneer in ocean-bot
CGG Kicks off OBN Survey in US Gulf
node (OBN) survey.Located in the north-central region of the Gulf of Mexico, this dense OBN survey will provide well-sampled, full azimuthal coverage with long offsets, to deliver exceptional data for imaging the geologically complex structures in Mississippi Canyon, the company said.According to Seabed Geosolutions, a joint venture between CGG and Fugro, the 3D node project will utilize its advanced 4C technology CASE Abyss ocean bottom nodes, deployed by remotely operated vehicles to 2,100 meter water depths, illuminating a challenging target area in one of the deepest offshore production areas in the
Seabed Geosolutions Wins GoM Survey
Marine seismic surveyor Seabed Geosolutions announced Wednesday it has been awarded a 3D ocean bottom node (OBN) survey in an ultra-deepwater area of the Gulf of Mexico by an unnamed major energy company.Covering 270 square kilometers and in water depths up to 2,100 meters, the survey will commence in the third quarter of 2019 and take approximately four months to complete, said Seabed Geosolutions, a joint venture between Fugro and CGG.It will be executed with ocean bottom nodes deployed by remotely operated vehicles and simultaneous source acquisition, with an imaging target that lies beneath a
Seabed Geosolutions Wins Red Sea Ocean Contract
The provider of comprehensive ocean bottom seismic (OBS) solutions to the global oil and gas industry Seabed Geosolutions and its partner have been awarded a 3D ocean bottom node survey in the Red Sea.The S-79 project will require the acquisition and processing of high quality 3D data over a large area in various water depths.Seabed’s highly efficient 4C Manta ocean bottom nodes will be used, in combination with its best-in-class ROV deployment system in deep waters and node-on-a-wire system in shallower areas. The surveys are scheduled to commence early 2019.The contract will be jointly executed
Seismic From Below
Seabed Geosolutions’ Ocean Bottom Seismic & Manta OBNThe acquisition of seismic data using nodes placed on the sea floor, Ocean Bottom Seismic (OBS) and its use in deep water with Ocean Bottom Nodes (OBN) have been growing rapidly in recent years due to considerable cost savings resulting from innovations in technology and operational concepts. Claudio Paschoa, Marine Technology Reporter’s correspondent in Brazil spoke to Stephan Midenet, CEO of Seabed Geosolutions about OBS technology in general and OBN operations in Brazil.Ocean Bottom Seismic (OBS) TechnologyOBS technology has been
Seabed Geosolutions Wins GoM Extensions
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured an extension to a recently awarded 4D ocean bottom node (OBN) seismic monitoring surveys over multiple oil and gas fields in the U.S. Gulf of Mexico.Seabed Geosolutions has recently started as planned with the original workscope, and the additional surveys will increase the total duration to around five months. The extension secures backlog continuity for the CASE Abyss ocean bottom node crew and the Hugin Explorer vessel.Seabed Geosolutions supports the optimal development and production of oil and gas fields by providing high
Seabed Geosolutions bags 3D OBS contracts in M.E.
Seabed Geosolutions has received a contract award for an ocean bottom seismic project in the Middle East. The survey to acquire high quality 3D seismic data, which has a contract value of around US$25 million, is planned to commence in the fourth quarter of 2018.
Fugro/CGG JV Wins Seismic Survey Contract
Fugro and CGG joint venture Seabed Geosolutions said it was awarded a contract for an ocean bottom seismic project in the Middle East. The survey to acquire 3D seismic data is planned to commence in the fourth quarter of 2018. The contract value of around $25 million.
CGG Wins Petrobras Data Processing Contract
awarded a contract from Petrobras to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2,180 km2 in Brazil’s deepwater Santos Basin. This will be the largest node survey ever acquired and processed in the industry. The survey will be acquired by Seabed Geosolutions, CGG’s joint venture with Fugro. The resulting OBN data set will be processed in CGG’s Rio de Janeiro Subsurface Imaging Center. Jean-Georges Malcor, CEO, CGG, said, “OBN surveys are one option at present for acquiring full-azimuth data offshore Brazil