Exploration

TGS, provider of global geoscientific data products and services to the oil and gas industry, reports net revenues of US$ 190 million in Q3 2014.

As part of Ocean Installer’s growth strategy, the company has established an office in Australia to meet demand for subsea construction services.

Total’s Board of Directors have paid homage to Chairman and CEO Christophe de Margerie, who died in an airplane accident.

Bell Geospace has been awarded the contract for the provision of Airborne FTG & Magnetic Surveys in Ethiopia.

The owners of US oil and gas companies are largely retirees and middle class Americans, according to a report by Sonecon.

McDermott has been awarded a contract by a Petronas subsidiary, for the Bukit Tua project, offshore Indonesia.

Tesla Exploration, Calfrac Well Services, NanoSeis, Reservoir Imaging and Silixa have formed a new alliance serving Canada.

Moody’s revises Petrobras rating maintaining investment grade.

The API has released a summary of reports that agree that crude oil exports would put downward pressure on gasoline prices.

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.

The API has said that the US Government Accountability Office’s recent report reaffirms the economic benefits of crude exports.

Company announces imminent commencement of a major new RightBAND multi-client project over the Roebuck Basin.

The US GAO has said that allowing exports could reduce consumer fuel prices, and the size of the strategic reserves should be reexamined.

Christophe de Margerie, the CEO of Total, has died in a private plane crash at Vnukovo Airport in Moscow.

According to the UK government, reforms are needed in order to make the EU Emissions Trading System more efficient.