Information Technology

Oil and gas companies adopting social media tools

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A survey by Microsoft and Accenture showed that Oil and gas professionals are using social media tools into their daily work on a more regular basis than they did last year.

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CGGVeritas signs technology agreement

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CGGVeritas and BG Group have signed a Technology Cooperation Agreement (TCA) that focuses on the development and deployment of advanced seismic solutions across the E&P workflow.

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Shell and Schlumberger join forces on R&D

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Shell And Schlumberger announced a multi-year research technology cooperation agreement focusing on improving the recovery factor of oil and gas reservoirs and extending the life of existing oil and natural gas fields.

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New 3D Geological Interpretation software launched

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Austin GeoModeling (AGM) announced the latest release of its 3D Geological Interpretation software, RECON, including the new Geologic Scenario Manager, an interpretation version control utility.

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First dual coil shooting survey

Westerngeco announced that it has begun the acquisition of the 'Revolution' multiclient survey. Revolution marks the first time that Dual Coil Shooting multivessel full-azimuth acquisition has been performed commercially in the industry worldwide.

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