Schlumberger's Exit From Seismic Worrisome for Oil Firms
"The exit of Schlumberger, which has been one of the biggest drivers of new (seismic) technology developments, makes oil companies concerned, and they rightly should be," Irene Waage Basili said on the sidelines of an oil conference * Seismic surveyors map out the seabed for oil and gas deposit on behalf of oil companies. They are essential to any offshore exploration plans. Schlumberger announced in January plans to exit the offshore and onshore seismic acquisition market due to weak returns. "This could create a problem for oil companies in the future...
Rieber Shipping Hopes for Recovery, but is Prepared to Wait
CEO Irene Waage Basili of Norway's Rieber Shipping says hopes marine seismic market could begin to recover in 2017, but is prepared for current market weakness to last another 2-3 years. ** The seismic equipment on the vessels was owned by Dolphin.
GC Rieber Charter Agreement with Reach Subsea
GC Rieber Shipping ASA has entered into a time charter agreement with Reach Subsea for the CSV Polar King to support Norwegian University for Science and Technology’s (NTNU) scientific operation under the MarMine Project in the mid-Atlantic ridge. The project will deploy ROV, AUV and grabs for seabed mapping and sampling for geological and biological research related to marine mining. Estimated duration is three weeks. “We’re excited to yet again take part in research and exploration activities in the North Atlantic region…
