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Viridien, Aker BP forge OBN seismic pact to advance exploration in Norwegian waters

France-based geophysical services company Viridien, formerly known as CGG, has joined forces with Norway’s oil and gas player Aker BP to bolster hydrocarbon search by enhancing multi-client ocean bottom node (OBN) seismic data acquisition, imaging, and technology development on the Norwegian Continental Shelf (NCS). The post Viridien, Aker BP forge OBN seismic pact to advance …

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African oil field turns production switch back on after FPSO refurbishment

Houston-based energy player Vaalco Energy has brought back online a field off the coast of Côte d’Ivoire, following an overhaul to extend the lifespan of a floating production, storage, and offloading (FPSO) vessel deployed at the African asset. The post African oil field turns production switch back on after FPSO refurbishment appeared first on Offshore …

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Strait of Hormuz disruption threatens extended decline in global tanker demand

Maritime disruptions through the Strait of Hormuz are reshaping global oil trade flows in ways that could threaten extended declines in tanker requirements, even as alternative supply routes partially offset lower seaborne volumes by adding to ton-mile demand, according to industry experts. Oil-on-water levels, a barometer for tanker requirements, have sunk. In April, they were …

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