Exploration

The new production phase adds to the company's continually growing E&P portfolio.

CGG has announced that its equipment business, Sercel, has delivered four of its new-generation 508XT land acquisition systems to two seismic companies recently awarded survey work in India by ONGC and Oil India.

Sound Energy has received regulatory approval for acquisition of a 75% interest in Sidi Moktar licences onshore Morocco.

A new study by Wood Mackenzie shows that exploration should return to profitability in 2017 after five years of only single-digit returns.

Seabird to use the Northern Explorer for the project in South America.

RMS 10 brings enhancements to seismic interpretation, structural and property modelling, reservoir engineering and automation for improved reservoir management, increased productivity and reliable production forecasting.

Polarcus Limited has announced that it has received two Letters of Intent from two undisclosed clients for two additional marine seismic projects offshore South America.

CGG has announced the delivery of near real time imaging results for a 4200 km2 BroadSeis 3D marine seismic survey acquired offshore Morocco.

The company expects to report a prefunding level of 120% for the full year 2016, down from previously guided 150%.

The well will test the potential of the deep carboniferous age horizon reservoir.

The company has been awarded Block 8 and 9 within the Abu Gharadig Basin in Egypt's Western Desert.

Total's successful bids in three blocks will add to the company's high grade exploration portfolio.

Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1.

Aminex has confirmed that an independent inspection of the Caroil 2 drilling rig has now been completed in Tanzania

Petroperu awarded a 75% working interest in and operatorship of the Morona Block to GeoPark.