Business news for the week of 27 January 2011

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Seismic crew survey reports

EMGS awarded USD 8.5 million contract offshore Mozambique

27 January 2011—Electromagnetic Geoservices ASA has been awarded a contract worth US $8.5 million by a repeat customer to acquire 3D EM data offshore Mozambique. The vessel BOA Galatea will be mobilized in early February, following completion of her current work in New Zealand. The Mozambique survey will continue into the early part of the second quarter.

 

Move in response to market needs

27 January 2011—Spectraseis announced the relocation of a number of its major operations to the United States, while continuing to remain a global company with an established presence in Switzerland.

The company's Houston office is being expanded to include operations, marketing and corporate activities with the company's CEO, CFO and head of marketing to be based there. A new technology center is also being opened in Denver for geoscience and information technology staff with the mandate to continue delivering value-adding services to the oil and gas industry.

These changes will be in place by 1 March 2011.

 

Sercel TriggerFish 1.7 released and in production

27 January 2010—Sercel has released a new and enhanced version of TriggerFish, its real-time navigation and data acquisition system for flexible control over a distributed fleet of vessels during acquisition of transition zone, OBC, node, and 2D streamer seismic surveys. 

Since its deployment in the field in late 2010, the new TriggerFish 1.7 has offered productivity-boosting features such as multi shooter/multi recorder, advanced radio communications and fleet synchronization. The system's multivessel function is scalable to allow up to four vessels per radio link, providing improved flexibility and increased productivity.

Additional safety features are provided through enhanced mapping functionality, which includes the zone incursion and proximity alarm system. These safety features are integrated into TriggerFish 1.7 and available across the fleet of vessels without the need for add-on modules.