Geological and Geophysical News

NIOC, Lukoil ink MoUs on Caspian Sea Oil Project
Iran >> 10/8/2017 - The National Iranian Oil Company (NIOC) and Russian energy giant, Lukoil, have signed two MoUs for carrying out geological studies on oil projects in the Caspian Sea. The documents were signed in Mosc...
Gazprom Neft Begins Full-Scale Hydrocarbon Prospecting of Pre-Jurassic Deposits
Russia >> 9/18/2017 - Gazprom Neft has begun geological investigations in Paleozoic hydrocarbon deposits in the Tomsk Oblast. Thus far, the complex structure of the pre-Jurassic complex has not been deemed an independent g...
Bell Geospace Wins Airborne FTG Survey Contract in Liberia
Liberia >> 9/11/2017 - Simba Essel Energy Inc. (Simba) advises that its partner Essel Group Middle East (EGME) have signed an agreement with Bell Geospace to conduct a comprehensive airborne FTG (Full Tensor Gravity Gradiom...
FairfieldNodal to Acquire WGP Group Ltd
United Kingdom >> 8/23/2017 - FairfieldNodal is in advanced discussions with Thalassa Holdings to acquire WGP Group Ltd., a premier provider of marine geophysical services headquartered in the U.K. ...
Rosneft and DeGolyer & MacNaughton Audit Company Sign Cooperation Agreements
Russia >> 6/2/2017 - Rosneft and DeGolyer and MacNaughton Audit Company signed a series of cooperation agreements at the XXI St. Petersburg International Economic Forum. According to the documents signed, DeGolyer and Ma...
CGG Awarded Multi-year Integrated Geoscience Study by KGOC
Kuwait >> 3/30/2017 - CGG has been awarded a multi-year integrated geoscience study by Kuwait Gulf Oil Company (KGOC) to identify resource growth potential in the onshore Partitioned Zone (PZ). The geoscience study will be...
Geological Structures Uncovered in the South China Sea with Significant Implications
China >> 2/20/2017 - Australian geoscience company Frogtech Geoscience has released a comprehensive new basement-focused study of the hydrocarbon-rich South China Sea and Gulf of Thailand; a geologically complex region. ...
Rosneft Reviewed the Results of DeGolyer & MacNaughton's Independent Audit of Hydrocarbon Reserves
Russia >> 2/15/2017 - According to the results of the audit performed by DeGolyer & MacNaughton under the SEC (United States Securities and Exchange Commission) life-of-field classification Rosneft proven hydrocarbon reser...
Bangladesh to Bid for Chevron Gas Fields after Assessing Reserves
Bangladesh >> 1/30/2017 - Bangladesh is hiring an international firm to assess reserves at Chevron Corp's natural gas fields in the country before placing a formal bid to buy the assets, its energy minister told Reuters on Mon...
Saudi Aramco Selects U.S. Firms to Audit its Reserves for IPO
Saudi Arabia >> 1/26/2017 - State oil giant Saudi Aramco has tasked two U.S. industry leaders in oil reserves auditing to review the content of its deposits as it pushes ahead with a share listing next year, industry sources sai...
SKP Provides Prospective Resource Figures for East Siberian Asset
Russia >> 11/2/2016 - Skyland Petroleum Group Limited (SKP) is pleased to provide the prospective resource figures relating to the exploration potential within the Mirninsky Licence area located in the Sakha (Yakutia) Repu...
Gazprom Neft & Rosgeologia Establish Joint Enterprise for Geological Prospecting
Russia >> 10/13/2016 - Gazprom Neft and state exploration company Rosgeologia have used the Geologorazvedka-2016 conference to announce the signing of a Memorandum of Cooperation on establishing a joint enterprise to conduc...
NOVATEK Obtains Syadorskiy Subsoil License
Russia >> 9/5/2016 - OAO NOVATEK (NOVATEK) announces that its subsidiary OOO NOVATEK-Yurkharovneftegas won the bid for a geological survey, exploration and hydrocarbons production license for the Syadorskiy subsoil area f...
COSL Completed Its First Geophysical Exploration Service in North Pole Waters
China >> 8/10/2016 - On August 9, "Hai Yang Shi You 720" completed the 100-day geophysical exploration operation in two blocks in North Pole Barents Sea. This is the first 3D seismic data collection performed by a Chinese...
Dana Energy & CGG Sign MOC
Iran >> 6/2/2016 - Dana Energy has signed a memorandum of cooperation (MOC) with CGG Services SA. from France, one of the world's largest geoscience companies, in the EAGE conference and exhibition in Vienna. CGG is a f...
SPD Will Carry Out Geological Exploration of Yuzhno-Yamskoy Area
Russia >> 5/5/2016 - Salym Petroleum Development (SPD) obtained the license for geological exploration on Yuzhno-Yamskoy area in Khanty-Mansi Autonomous Okrug Yugra. Term of the license is 5 years with an opportunity fo...
OMV & NIOC Sign Memorandum of Understanding
Iran >> 5/4/2016 - The National Iranian Oil Company (NIOC) and OMV, the international, integrated oil and gas company, have met in Tehran, Iran and signed a Memorandum of Understanding (MoU) concerning the evaluation of...
Gazprom Neft Increases Reserves Estimates at East Siberian Chonsky Fields
Russia >> 4/11/2016 - As a result of geological prospecting operations undertaken in 2015, Gazprom Neft has increased estimates of C1 commercial reserves at its East Siberian fields (the Ignyalinsky, Tympuchikansky and Vak...
Sino G&E Increases 2P Reserves for its PSCs in China's Ordos Basin
China >> 3/10/2016 - Sino Gas & Energy Holdings Limited (Sino Gas)reported that RISC Operations Pty Ltd. (RISC), an Australian based, internationally recognized independent petroleum advisory, evaluation and valuation gro...
Appointment of Gaffney, Cline & Associates to Update Technical Estimates at BNG
Kazakhstan >> 1/27/2016 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with the announcement that Gaffney, Cline & Associates ("GCA") has been retained to evaluate Rox...

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