Tag: seismic vessel

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PGS withdraws refinancing

Norwegian seismic services provider PGS announced that it withdraws the proposed transaction, published in late May, according to which the company aimed to raise approximately $525 million of 5-year first lien term loan and approximately $150 million of 5.5-year second lien notes.

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Shell to carry out 3D marine seismic survey off W. Australia

The Australian National Offshore Petroleum Safety and Environmental Management Authority informed that oil and gas major Shell has applied to obtain a permission to conduct a seismic survey offshore Kimberley, Australia. Shell Australia is planning to carry out the Factory three-dimensional (3D) marine seismic survey (MSS) within the Browse and Bonaparte Basin offshore Western Australia (WA).

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US drilling proposal could include Atlantic

US could open up portions of the Atlantic to oil and gas drilling is spite of opposition from East Coast states, a US Interior Department official said during remarks at a recent energy industry conference. This comes at a time when the US is preparing to announce a five-year drilling plan proposal that could expand available acreage, and enhance US oil, gas and coal production.

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