Norwegian seismic companies Industry-Leading Seismic Data Using Robust Technology and Imaging Solutions. ” The transaction is expected to be completed as a statutory merger pursuant to Norwegian corporate law, with merger consideration to PGS shareholders in the form The only marine seismic research company with sizable, in-house R&D, engineering and manufacturing facilities. Three companies submitted bids. Read about seismic surveys, licences, marketable seismic data and fisheries experts. TGS provides advanced data and intelligence to companies active in the energy sector. Source: PGS. Source: TGS. TGS has been at the forefront of seismic exploration in the Norwegian Sea, particularly along the Atlantic Margin. Progress for society. SeaBird delivers high quality operations and vessels to the source vessel, 2D and niche 3D market. 6 million. The World Needs Energy. Energy for people. All of the company’s seismic vessels were designed by Ulstein Design and a number of them were built by Ulstein Verft. Sustainability through rightsizing. Sep 19, 2024 · Norwegian seismic company TGS has finished the acquisition of an ultra-high-resolution 3D (UHRD3D) survey on behalf of Community Offshore Wind in the New York Bight, providing soil condition data to guide the design of the offshore wind project. OSLO, Norway (3 June 2021) – TGS-NOPEC Geophysical Company ASA, a global provider of energy data and intelligence, will begin operating under the new name of TGS ASA. The 102-meter-long seismic acquisition vessel Ramform Sovereign is scheduled to mobilize this month for the 3D exploration contract in the Asia Pacific. your username. The Ramform Tethys vessel is planned to mobilize for the survey in late April, with the project spanning around 30 days in total. Monitoring compliance with the Comprehensive Nuclear-Test-Ban Treaty is our most important task and a solid contribution for a more secure world. Jul 31, 2024 · Norwegian seismic company TGS has started a new seismic acquisition project offshore Seram in Indonesia. Combining Seisnode technology with operational innovation Seismic Partner & Seisnode at EAGE 2025 28 May 2025 Seismic Partner and Seisnode will be participating in the EAGE Annual 86th Conference & Exhibition in Toulouse from June 2-5, 2025. TGS, formerly TGS NOPEC Geophysical Company ASA [2] is an energy data and analytics company. Jan 26, 2023 · Dominant Norwegian geophysical company has a positive outlook for seismic. Previously, Mr. Since 2017 TGS has acquired around 60,000 km 2 of high-quality 3D data in the underexplored Møre and Vøring basins. The company was founded by RASMUSSENGRUPPEN AS and GC Reiber Shipping ASA in 2016 with 4 seismic acquisition ships, including streamer equipment. For more than 40 years, we have been providing seismic, interpretation products and services, and geological data through an innovative mix of geoscience expertise, innovative technology and imaging capabilities Nov 14, 2022 · Norwegian seismic company Magseis Fairfield has signed an agreement with a repeat customer for a 4D ocean bottom node (OBN) project in the North Sea. All the three seismic Many of the geophysical and seismic companies are located in the major oil and gas cities and oil capitols such as Stavanger, Norway, Aberdeen, Scotland, Houston, Texas, USA and Perth, Australia. This marks the fifth seismic survey TGS has conducted in Indonesia this year. Feb 26, 2025 · ExxonMobil has awarded Norwegian seismic company Shearwater GeoServices a contract to conduct a six-month 4D ocean bottom node survey offshore Guyana. Aug 27, 2024 · Norwegian seismic company TGS announced it has entered into a partnership with Brazilian state-owned energy company Petrobras to collaborate on scientific research and technological development activities in Brazil. At the same time, we aim to be a net zero company by 2050, finding new solutions to oil, gas, renewables and low carbon in the energy transition. 9 million and plans to proceed with a mandatory offer for all remaining outstanding shares for a total price of US$414. Swearingen performed similar investment functions for the Oil & Gas Investment Group at UBS Asset Management (New York) Inc. Illustration; Courtesy of Magseis Fairfield The project is scheduled to start in the second quarter of 2023, with an expected duration of approximately one month. Back in September 2023, TGS and PGS announced their agreement on principal terms to combine the two firms and create a strong full-service energy data company. TGS and PGS agreed on the principal terms of the combination of the companies to create […] May 23, 2025 · Welcome! Log into your account. PGS has been acquiring and processing multiclient 2D and 3D seismic data for over 20 years, offering a comprehensive library covering over 12,500 km² of 2D and 69,200 km² of 3D studies. The first phase of the retrofit project will involve replacing fluorescent tube lighting with around 2,500 marine-certified LED luminaires fitted on the exterior and interior of the Ramform Aug 18, 2023 · Norwegian seismic company PGS has entered into a one-year strategic collaboration with compatriot inApril for the hybrid towed streamer and ocean bottom node (OBN) market. The Terms of Reference explain the details. East Timor Offshore Seismic Exploration. Jul 2, 2024 · Norway-headquartered seismic companies PGS and TGS have formally completed their merger, following the final regulatory approval obtained some twenty days ago. Read more Node […] Dec 1, 2007 · Norwegian seismic company Petroleum Geo-Services ASA (Oslo: PGS) has acquired a 78% stake in marine-seismic company Arrow Seismic ASA, Bergen, Norway, (Oslo Axess: ARROW) for approximately US$323. The company is a global leader in developing advanced imaging techniques to improve understanding of volcanic basins and intra- and sub-basalt targets. your password Nov 20, 2024 · Norwegian seismic company TGS has secured a 3D streamer contract for Oil and Gas Natural Corporation (ONGC) in the Mahanadi basin on the East Coast of India. Apr 18, 2024 · Norwegian seismic companies PGS and TGS have received clearance from the Norwegian Competition for their merger. SeaBird will provide its survey vessel Petrel Explorer as an accommodation vessel for a wind farm maintenance campaign in the Baltic Sea. The Oslo-based company is one of the world's dominant seismic companies, particularly strong in 3D marine acquisition Apr 28, 2025 · In 2020, TGS, the respected Norwegian seismic survey company, delivered a report that should have turned more global heads than it did. . Dec 19, 2023 · Norwegian seismic company PGS has reflagged the entire fleet of owned vessels to Norway, a move said to have the global geopolitical situation as a driving factor. Jul 17, 2024 · Following the merger with compatriot PGS, Norwegian seismic company TGS is looking at a busy period ahead with two new contracts, one in Europe and one in North America, for offshore data acquisition. Illustration only. NORSAR is an internationally recognized independent research foundation. Nov 12, 2024 · Norwegian seismic firm TGS has mobilized a number of its acquisition vessels in North Europe, marking the start of an active summer season in the region. Recent projects include high resolution near-surface repurposing of seismic data for Offshore Wind development including the Celtic Sea in the United Kingdom and the Utsira Nord and Sorlige Nord II sites offshore Norway. •The Norwegian authorities’ strategy •Co-operative solutions for efficient data management •Common standards for data transmission and storage •The NPD is on behalf of the Norwegian State entitled to all information the oil and seismic companies have regarding their activity on the Mar 1, 2024 · PGS appointed compatriot lighting company Glamox to deliver energy-saving lighting for the eight vessels that deliver seismic surveys of the seabed. To find “seismic companies near me” you can use the search field at the right side on this web site and enter your country or city and you will Sep 19, 2012 · Polarcus, another well-known seismic company that has been working offshore West Africa, also uses vessels designed in Norway. In December 2023, the company secures stakes in two exploration blocks – 46 and 47 – located in the Lower Congo Basin. Energy that not only powers their needs but enriches their lives. GeoProvider is a leading Norwegian service company specializing in Marine Geoscience, Geotechnics, Exploration, High-Resolution Seismic Processing, and Site Survey Services. Every day, more than 170 million people around the world benefit from the energy we provide. [ 3 ] 6 days ago · Norwegian seismic company PGS, working closely with the ANPG, supports exploration in Angola by providing seismic data and geoscience studies. . With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make more informed decisions. SeaBird Exploration. Seismic data acquisition is used to map potential petroleum resources in the subsurface. The project will cover over 1,800 kilometers of new 2D seismic data across the southeastern part of the basin, using a 12 km long offset streamer… Petrobras and Shearwater Join Forces for Seismic Tech R&D Jan 29, 2023 · In 2020, the Norwegian seismic survey company, TGS, estimated that the Somali basin as a whole likely holds offshore reserves of about 30 billion barrels, with additional onshore reserves, although land estimates are considerably less consistent. TGS has led the way in seismic exploration in the Norwegian sea, particularly along the Atlantic Margin. The move creates the largest seismic player worldwide, boasting a fleet of seven 3D data acquisition vessels. Mr. The Ramform Sovereign vessel is scheduled to mobilize for the survey in January 2025 and the contract has a duration of approximately six months. Jul 19, 2024 · Norway’s Equinor Targets New Frontiers in Angola. Oct 31, 2023 · The boards of directors of Norwegian seismic data companies PGS and TGS have given unanimous approval to a definitive merger agreement, following the terms initially announced in September. Apr 3, 2024 · A consortium of Norwegian seismic companies PGS and TGS and American oilfield services company SLB has commenced a multi-client 3D seismic project to provide insights and assess the carbon storage potential across the Penyu Basin area in Malaysia. Apr 4, 2024 · Norwegian seismic company PGS has secured a 4D contract in Northern Europe with what it describes as an “independent energy company”. Shearwater has a head office in Bergen, Norway and is an integrated supplier of marine geophysical services, primarily acquisition and processing of seismic data for oil, gas and multi-client companies all over the world. TGS ASA reflects both the evolution of the company as well as its vision for the future. The reflagging journey commenced with Ramform Vanguard, registered with the Norwegian International Ship Register (NIS) in August 2021, and ended with the reflagging of the Ramform Tethys on December 5, 20 Jan 10, 2023 · Norwegian seismic company PGS is supporting the upcoming Nigeria 2022 Mini Bid Round with a range of 3D coverage over the seven blocks that will be on offer. SeaBird is a global provider of marine acquisition for 2D/3D, 4D seismic data and source vessel services to the Oil & Gas industry. Under the terms of the acquisition, PGS shareholders will receive 0. The funds placed by PGS will help enable increased oil exploration in occupied Western Sahara. It will operate under the legal entity TGS. Main focus for the company is proprietary seismic surveys. We specialize in seismology and seismic monitoring. According to TGS, the Somali basin — which covers both offshore and parts of the onshore territories including Somaliland — likely holds offshore reserves of about 30 billion barrels of oil. Advancing Norwegian Sea Exploration. We are an asset-light seismic company providing: Cost effective operations through innovation. Data is the cornerstone of achieving supply-demand equilibrium. It gathers, interprets, and markets seismic and geophysical data regarding subsurface terrains worldwide in order to evaluate oil and gas formations for drilling operations. TGS has deployed a total of four acquisition vessels in the region; three seismic vessels and one offshore wind vessel, doubling the company’s capacity compared to 2024. We deliver exceptional results by leveraging all available data and cutting-edge technology, combined with our team of world-class specialists. Jan 27, 2023 · In 2020, Norwegian seismic survey company, TGS, estimated that the Somali basin as a whole likely holds offshore reserves of about 30 billion barrels, with additional onshore reserves, although Sep 22, 2023 · Norway-based energy data and analytics company TGS has agreed to acquire the oilfield service company PGS in an all-share transaction valued at US$864 million (NOK$9. GGS is a Norway based independent international Multi-Client seismic Company focusing its presence in regions with the world’s highest Petroleum potential. The reflagging of the Ramform Tethys on December 5 marked the completion of the initiative to bring the entire PGS fleet of owned vessels under the Norwegian flag. Norway-headquartered international energy company Equinor has been active in Angola since 1991 and has now set its sights on exploring new frontiers in the country. Under the memorandum of understanding (MOU), the partners will seek to drive Jan 25, 2023 · Norwegian seismic company TGS has started a new seismic acquisition project offshore Seram in Indonesia. Apr 14, 2021 · Norwegian seismic company SeaBird Exploration has secured its first contract in the offshore wind sector. Mar 1, 2024 · PGS at the end of 2023 completed the reflagging of its entire fleet of owned vessels to Norway, a move said to have the global geopolitical situation as a driving factor. 3 billion). The project will cover over 1,800 kilometers of new 2D seismic data across the southeastern part of the basin, using a 12 km long offset streamer. The Norwegian seismic services company PGS has entered in on the ownership side of the Irish oil company San Leon Energy. Sep 18, 2023 · Norway-based seismic specialists TGS and PGS ASA said Monday they had agreed on the principal terms of a merger of TGS and PGS “to create a strong full-service energy data company. In June 2004, Timor-Leste invited bids for a multi-client, two-dimensional seismic survey in the uncontested part of the Timor Sea, north of the Joint Petroleum Development Area. 06829 ordinary shares of TGS for each PGS share held, a 20. Collaborative approach Our comprehensive capabilities allow us to be a true partner, flexibly achieving client goals and resolving challenges that unlock value. Jan 2, 2024 · Exploration starts with the acquisition and analysis of seismic data. 7 percent premium to the last closing GGS is a Norway based independent international Multi-Client seismic Company focusing its presence in regions with the world’s highest Petroleum potential. The survey, set to begin in the first half of 2025, will use Shearwater’s seismic vessel as a source and dual remotely operated vessels for node deployment. Shearwater has the world’s largest and most modern fleet of seismic acquisition ships. In November 2018, Shearwater purchased Schlumberger’s offshore-related seismic activities, including 10 seismic acquisition vessels with streamer equipment and streamer technology. Dec 7, 2023 · Norwegian seismic company PGS has won an exploration contract in Asia Pacific – a region in which the company sees potential for more proprietary work. Oct 28, 2021 · One of the most active seismic companies in this push to diversify is Norway-based seismic data company TGS, which earlier this year formed the New Energy Solutions (NES) business unit, to pursue opportunities related to the energy transition, in industries contributing to the reduction of GHG emissions, such as Carbon Capture and Storage (CCS from the Norwegian continental shelf. The seismic acquisition activity is mainly conducted by the oil and subsea seismic companies. Ramform Tethys. Oct 28, 2021 · One of the most active seismic companies in this push to diversify is Norway-based seismic data company TGS, which earlier this year formed the New Energy Solutions (NES) business unit, to pursue opportunities related to the energy transition, in industries contributing to the reduction of GHG emissions, such as Carbon Capture and Storage (CCS Aug 26, 2024 · With the assistance of the Norwegian seismic company TGS, the Government of Liberia, through the Liberia Petroleum Regulatory Authority (LPRA), has initiated a direct negotiation licensing round featuring 29 offshore blocks in the Liberia and Harper Basins. It enables the discovery of new oil and gas reserves, which remain a major component of the energy mix, accelerates the growth of renewables, trains advanced AI models for enhanced efficiency and aids in reducing emissions through CCS developments. Dec 20, 2023 · (OET) Norwegian seismic company PGS has reflagged the entire fleet of owned vessels to Norway, a move said to have the global geopolitical situation as a driving factor. Back in September 2023, TGS and PGS announced their agreement on principal terms to combine their two firms and create a strong full-service energy data company. Legacy seismic data over these areas has been reprocessed from field data, focusing on preserving and optimizing the useable Jul 1, 2024 · OSLO, July 1, 2024 – The USD 862-million merger between Norwegian geophysical services companies TGS and PGS has been completed, Upstream Online reported on Monday. Aug 20, 2024 · Amid the process of rebranding its offshore streamer fleet, Norwegian seismic company TGS has secured the extension of an existing ocean bottom node (OBN) data acquisition contract in North America. Historical collection of seismic data on the Norwegian shelf. Swearingen, a Chartered Financial Analyst, began his industry career in 1984 at a Norwegian seismic company, and worked for several years in the private placement group of MetLife. Assessments generally include Somaliland and would place Somalia reserves at about the same level Sep 18, 2023 · Norwegian seismic companies PGS and TGS are merging their businesses to create what they say will be a full-service geophysical data company, pursuing potential in new energy with complementary technology offerings for carbon capture and storage (CCS) and offshore wind. kirp jijib xch uygsa jpfqf nrm nmfqms tjqyli dkbep ebdm