Industry Briefing

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PXGEO Secures Two OBN Seismic Acquisition Contracts with Petrobras

PXGEO Secures Two OBN Seismic Acquisition Contracts with Petrobras

PXGEO has secured two major contracts from consortia led by Petrobras to provide seismic data acquisition and monitoring services in the Santos Basin, located offshore Brazil. This development marks a significant expansion of PXGEO's operations in the Brazilian market, reinforcing its commitment to supporting the region's energy sector. The contracts are expected to enhance the understanding of the geological characteristics of the Santos Basin, which is known for its rich oil reserves. The collaboration is part of Petrobras's ongoing efforts to optimize exploration and production activities in the area.

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Green Marine UK Expands Business with Acquisition of Roving Eye’s Contracts, Equipment & Vessel

Green Marine UK Expands Business with Acquisition of Roving Eye’s Contracts, Equipment & Vessel

Green Marine (UK) Ltd, a prominent player in integrated marine services for the renewable energy and offshore industries, has successfully acquired a range of assets from Orkney-based Roving Eye Enterprises Ltd. This acquisition, announced recently, includes Remotely Operated Vehicles (ROVs), survey equipment, a vessel, personnel, and existing contract agreements. The move aims to enhance Green Marine's capabilities and offerings in the growing renewable energy sector, reflecting the company's commitment to expanding its operational reach and service portfolio. The transaction underscores the strategic importance of acquiring specialized resources to meet increasing demand in marine services.

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