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EMGS suffers from limited backlog visibility

Oslo Stock Exchange traded Electromagnetic Geoservices (EMGS), the electromagnetic data acquisition specialist, has announced that it anticipates near-term operational activity to be based on short...

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Chevron signs up to Badger Explorer Demonstrator Program

Oslo listed Badger Explorer (“BXPL”) has signed a sponsorship agreement with Chevron’s Technology arm, whereby the company will co-sponsor the development of the Badger autonomous drilling tool through...

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Faroe Petroleum announces gas condensate discovery with Rodriguez well

Faroe Petroleum has announced that further results from the Rodriguez exploration well in PL475 (6407/1-6S) (Faroe 30%), in the Norwegian Sea, have confirmed a significant gas condensate discovery in...

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Thalassa Holdings lands Statoil reservoir monitoring contract

Thalassa Holdings’ (LON:THAL) WGP subsidiary has executed a letter of intent with Statoil to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane...

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