Fugro Wins Seismic Survey Contracts in East Africa and North Sea

Fugro Geoteam, the marine seismic data acquisition arm Fugro, has been awarded contracts with four major international oil companies for 3D and 4D seismic surveys in East Africa and the North Sea worth a total of nearly US$120 million.  The surveys, which are to be conducted using Fugro Geoteam's industry leading C-Class seismic vessels, will take place this summer. Fugro's … [Read more...]

Statoil, ExxonMobil Say Natural Gas Find Off Tanzania is Significant

Statoil and ExxonMobil announced today that the recent discovery of natural gas off the coast of Tanzania has proven to be a rather significant find, further solidfying East Africa's prospect of becoming an exporter of liquefied natural gas to Asian markets. Statoil and ExxonMobil first announced on February 17 that they had encountered indications of natural gas in the … [Read more...]