Exploration

Dolphin Geophysical confirms broadband data from the Maud Basin has been processed.

Polarcus Limited has begun a 50-day 3D broadband multi-client programme, offshore Northwest Africa.

Golder Associates has hired a new Managing Director in the UK and Ireland, Dr Elisabeth Culbard.

While no significant moves can be forecast, oil prices are unsustainable at current levels, which will likely spur change in the form of pullbacks and consolidations.

TGS and PGS will collaborate to conduct a 3D survey offshore Eastern Canada, in the Flemish Pass basin.

ION Geophysical Corporation has recently launched the first phase of MexicoSPAN, uniting both onshore and offshore margins.

Five years on, BP is set to pay a US$18.7 billion settlement for the Deepwater Horizon oil spill.

Petrobras authorises studies for public offering of Petrobras Distribuidora S.A. shares.

The American Petroleum Institute has promoted Steve Dodge to Executive Director of the Massachusetts Petroleum Council (MPC).

Petroleum Geo-Services has begun execution of a co-operation agreement with Spectrum and Schlumberger in Mexico.

With a target closing date of 31 July or earlier, TGS intends to acquire Polarcus’ multi-client library for a sum of approximately US$27.5 million.

A new production sharing contract will see a third party joining African Petroleum and Petroci in Block CI4513 in Côte d’Ivoire.

OneSubsea has been awarded a contract for the supply of subsea trees at the Shah Deniz Two development in Azerbaijan.

Civil conflict has left Syria’s energy sector ‘in turmoil,’ according to the US Energy Information Administration.

Despite an unfavourable operating environment from the beginning of the year, Rosneft demonstrated stability in terms of key production, processing and commercial indicators.