Joint venture focuses on microseismic monitoring, optimizes reservoir understanding Paris, France – 23 September 2013 Baker Hughes Incorporated (NYSE: BHI) and CGG (NYSE/Euronext: CGG) announced today the signing of a Letter of Intent to realign the firms’ VSFusion joint venture to focus on microseismic monitoring, processing, visualization, and interpretation as well as microseismic permanent monitoring. […]

Contracts for the production of the significant natural gas reserves found off the coast of Mozambique are set to be signed in 2014. The government of Mozambique said it will sign the contracts with explorers Anadarko Petroleum Corp. and ENI prior to July of next year. The announcement regarding the schedule for the signing was […]

Cooper Energy Ltd., the operator of the Bargou Permit offshore Tunisia, has commenced production testing on its Hammamet West-3 well. The current operation is rigging up coiled tubing to allow placement of acid in the horizontal section of the wellbore. Since the last report extensive hole-cleaning operations have been conducted to remove lost circulation material […]