Geo-science NEWS

Total E&P South Africa has given a conditional letter of award for a 2D seismic acquisition and fast-track processing project to Shearwater Geoservices. This will also be Shearwater’s first project offshore South Africa. The two-month-long project will commence in Q4 2019 and includes fast-track processing, facilitated by Multi-Purpose Vessel (MPV) SW Cook and experienced processing teams.

British satellite, the NovaSar satellite, programmed for monitoring the oceans, was launched from the Satish Dhawan Space Centre in India on Sunday. Supported through a £21 million Government investment, the satellite’s functions will also include monitoring for oil spills and floods, apart from tracking doubtful shipping activities. The NovaSar satellite can capture images night or day, through the cover of heavy clouds.

The NAPE trade show this year saw the unveiling of Ai PRIME, a tech start-up offering high-res imagery to the oil and gas industry. The platform enables oil firms to share run sheets, ownership reports and other documents online. Chief Executive, Ai PRIME, Nelson Paez counted down-time, wasted travel to remote sites and slow gathering of inaccurate information as the reasons why Ai PRIME is the need of the hour.

Houston-based Fairfield Technologies will commence an extensive Z700 acquisition project in the Persian Gulf. The project, which will begin in December 2018, is expected to be completed in the following eight months. Z700 features a simplified deployment and retrieval process, which is an ideal match for the dense infrastructure of a major gas field, and helps in safe navigation.

Houston-based Fairfield Geotechnologies has formed a joint venture with Ikon Science to provide complete geoprediction services to the oil and gas industry in the North America. Fairfield recently rebranded itself from Fairfield Nodal, and the JV formation is in line of its growth strategy. The JV will utilize industry-leading geoprediction technology of Ikon Science, which includes RokDoc Ji-Fi inversion software, with Fairfield’s seismic acquisition, processing, and multi-client data library.

TGS, world’s largest geo-science data company, has announced an expansion of its Atlantic Margin (AM) multi-client program in the Norwegian Sea. Following the significant milestone of AM17, the new AM18 3D Extension will comprise 5,135 km² of 3D seismic data and covers a variety of play models with strati-graphic and structural traps in Paleocene and Cretaceous turbidite/fan deposits.