UK competition watchdog launches inquiry into oil and gas seismic merger
The merging of seismic firms PGS and TGS hangs on UK competition watchdog approval after Norway gave the green light.
TGS
Seismic firms table $2.6bn merger deal
Norwegian seismic firms TGS and PGS have mooted plans for a merger that would create a $2.6 billion giant.
Liberia drops deadline for offshore offerings
Liberia has dropped its deadline for direct negotiations on acreage offshore, opting to allow these to continue indefinitely.
South Africa seeks seismic providers ahead of licence round
South Africa is dusting off seismic plans once more as it aims to launch a licensing round, following the passage of long delayed upstream laws.
Sierra Leone pushes back bid round close
Sierra Leone has extended the closing of its bid round until January 27, 2023, saying it had taken the decision to handle the increased interest.
Orcadian agrees royalty share seismic deal with TGS
Orcadian Energy has signed a new deal with energy data group TGS, which will see it gain access to 3D seismic data across several of its licences in return for a share of future production royalties.
Exploration is back on the menu in Africa, with big finds and strong prices
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Geophysical giants start seismic sweep offshore Sarawak
A consortium of PGS, TGS and WesternGeco have secured funding for a 6,400 sq km multi-client 3D seismic survey starting in October in the Sarawak basin offshore Malaysia.
Jersey pays out $850,000 after Verbier dispute with subsea firm TGS
Jersey Oil and Gas (JOG) has announced an $850,000 (£620,000) pay out after a legal dispute with subsea firm TGS-Nopec Geophysical Company.
Somalia welcomes state members to SPA
Somalia has announced the appointment of six independent directors to the board of the Somali Petroleum Authority (SPA).
TGS launches eFTG work in Egypt
TGS has launched its first regional airborne enhanced full tensor gravity gradiometry (eFTG) multi-client survey in Upper Egypt.
Somalia preps for first bid round
Somalia is preparing for a bid round covering seven blocks in its offshore with the official opening due on August 4.
TGS fires into Gambian deepwater survey
TGS has begun a 3D seismic survey offshore The Gambia, under its Gambito 2020 programme.
TGS launches third Senegal survey
TGS has completed its SN-UDO-19 survey in northern Senegal and has begun a second shoot in the same region, OUP-NORD-20.
Senegal licence round goes live
Petrosen has officially launched its first offshore licence round, at a conference in Senegal, covering 12 blocks.
Senegal sets out bid round timetable
Senegal is officially launching its licence round on January 31, with applications required to be in by July 31.
New oil law in Somalia tests uneasy peace
Somalia is taking steps to attract foreign investment to its energy sector but challenges remain, most notably in how the federal government can integrate its policies with those of the state governments.
TGS kicks off deepwater Nigeria survey work
TGS and PetroData intend to carry out Nigeria’s first multibeam and seafloor sampling (MB&SS) study. Results will be available early in the second quarter of 2020.
Gravity survey planned for Egypt in 2020
TGS and AustinBridgeporth will begin acquiring an airborne gravity survey in Egypt in the first quarter of 2020.
Liberia lines up 2020 licence round
Liberia has set out plans for a licensing round in 2020, via the Liberia Petroleum Regulatory Authority (LPRA).
TGS kicks off Senegal survey
TGS has launched a new 3D seismic survey in the MSGBC Basin, covering 5,100 square km, in partnership with GeoPartners.
Upfront costs rise on Senegal’s SNE
Developing the SNE field will require capital expenditure of around $4.2 billion, a presentation by Australia’s FAR has said, versus the previous projection of $3bn.
‘Wild’ west of Shetland project gets underway
The Erland Wild West 3D seismic survey project has started today in the west of Shetland region of the North Sea.
TGS to launch new seismic work off Guinea
TGS said it will acquire more than 11,500 km of 2D seismic data in the Republic of Guinea, Guinea Bissau and Senegal.
TGS nets Uruguay well data program
TGS has won a contract with Uruguay to carry out a well data program for exploration wells in the country.