Organisation: CGG

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Europe’s oil-service firms brace for stock discounts

European oil-service companies, stung by crude prices at 12-year lows, may be forced to sell new shares at a substantial discount to win investor backing as finances dwindle.

Wed, 13 Jan, 2016

‘Veritas Vantage’ leads hunt for deposits

A hi-tech survey vessel has arrived in the Port of Cork as it helps hunt for new oil deposits off the south coast.

Mon, 22 Apr, 2013

Fastnet asset could rival Barryroe

Fastnet Oil & Gas has released findings of an independent survey of the Shanagarry licence, off the Cork coast, which indicates the asset has the potential to rival Providence Resources’ nearby Barryroe field.

Thu, 11 Apr, 2013

Fastnet looks for farm-out partner

Fastnet Oil & Gas has initiated a farm-out process to help cover the cost of its forthcoming $18m (€14m) surveying activity in the Celtic Sea, which will be the biggest of its kind ever undertaken in the area.

Wed, 20 Mar, 2013

Fastnet survey may cost €15m

Irish exploration company Fastnet Oil & Gas has selected French geophysical company CGG to carry out its much-anticipated seismic surveying activity in the Celtic Sea in the coming months; a deal which could cost up to €15m.

Tue, 19 Feb, 2013