TGS partnership acquiring more seismic offshore Senegal

February 19, 2020 | Offshore, Rigs & Vessels, Seismic, Senegal

TGS has completed its latest 3D survey offshore Senegal Asker, Norway | – TGS-NOPEC Geophysical Company ASA, referred to as TGS and listed on the Oslo Stock Exchange, has completed its latest 3D survey offshore Senegal. SN-UDO-19, off the country’s northern shore, follows the earlier SS-UDO-19 in the southern offshore. TGS will make available fasttrack data this spring with the full data-set released later in the year. The acquisition vessel BGP Prospector has sailed 200 km (124 mi) north to acquire a further 2,024 sq km (781 sq …

Shearwater buys Schlumberger’s WesternGeco assets for $600 million

August 23, 2018 | Asset Acquisitions & Divestitures, Company Operations, Seismic

London, UK | – Shearwater GeoServices Holding AS is set to more than triple its fleet with the purchase of Schlumberger Ltd.’s marine seismic acquisition business for $600 million cash, the companies said Aug. 22 in a joint statement. The transaction includes the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger, and is a fulfilment of Schlumberger’s previously stated goal announced earlier this year. In January, Schlumberger said it intended to exit the land and marine seismic acquisition business due …