Shearwater GeoServices Holding AS has been awarded a major ocean bottom seismic (OBS) deepwater ROV project by TGS and partner in the U.S. Gulf of Mexico (GoM).
This will be Shearwater’s first OBS ROV survey and will leverage the company’s strengths in source capabilities, operational scale and flexibility.
“Shearwater has an extensive track record of innovation and commercial success in Ocean Bottom Seismic. By adding deepwater OBS ROV operations we are now the only company able to offer a complete portfolio of Towed Streamer and Ocean Bottom Seismic marine acquisition and processing geophysical services,” Irene Waage Basili, CEO of Shearwater GeoServices, said. “We are very pleased to receive this award, marking our enduring working relationship”.
The OBS ROV crew complements Shearwater’s ocean bottom cable and ocean bottom node crews and marks the company’s presence in all sectors of the ocean bottom seismic market, in acquisition and processing. Shearwater will have three OBS crews operating in 2020.
Two Shearwater vessels, the SW Diamond and SW Emerald, will be used for the project, equipped with three high-capacity sources each composed of three sub-arrays. This investment in a new source configuration will allow two source vessels to be used instead of three for the survey, with a consequent increase in efficiency and reduction in operational greenhouse gas emissions.
The survey will commence in second-quarter 2020 and is scheduled to be completed over approximately four months. Four vessel-months associated with the project were included in the company’s recent backlog announcement.
Recommended Reading
Tivoli Midstream Buys Southeast Texas Coast Infrastructure
2024-04-29 - Tivoli Midstream acquired the Chocolate Bayou from Ascend Performance Materials, including storage and land for development.
SCF Acquires Flowchem, Val-Tex and Sealweld
2024-03-04 - Flowchem, Val-Tex and Sealweld were formerly part of Entegris Inc.
Enbridge Closes First Utility Transaction with Dominion for $6.6B
2024-03-07 - Enbridge’s purchase of The East Ohio Gas Co. from Dominion is part of $14 billion in M&A the companies announced in September.
Pembina Cleared to Buy Enbridge's Pipeline, NGL JV Interests for $2.2B
2024-03-19 - Pembina Pipeline received a no-action letter from the Canadian Competition Bureau, meaning that the government will not challenge the company’s acquisition of Enbridge’s interest in a joint venture with the Alliance Pipeline and Aux Sable NGL fractionation facilities.
Global Partners Buys Four Liquid Energy Terminals from Gulf Oil
2024-04-10 - Global Partners initially set out to buy five terminals from Gulf Oil but the purchase of a terminal in Portland was abandoned after antitrust concerns were raised by the FTC and the Maine attorney general.