Spectrum boosts its Houston processing capacity by 50%
2009.09.30 -
Company News
Spectrum has completed a series of computer facility upgrades at its regional data processing and imaging centre in Houston, Texas that will increase capacity by 50%.
The technology upgrades applied over the past 6 months will prepare Spectrum's largest computing facility for a scheduled increase in Multi-Client processing projects from Q4 2009 onwards, and help fulfill increased international demand for pre-stack depth and time imaging services on behalf of oil company clients.
Technology upgrades included increasing the CPU units in the Houston processing clusters by 50% and adding two new master servers. Other new equipment included a new 32 core Sun M5000 server with an additional 120Tb of high-specification Onstor primary disc storage. The processing centre infrastructure has also been enhanced with additional electrical and air conditioning support to maintain optimum operating conditions.
Petroleum Geo-Services ASA ('PGS' or the Company) announced today that it has entered into a definitive agreement to acquire Applied Geophysical Services, Inc. (AGS) for a price of USD 51 million, subject to certain adjustments for changes in working capital. PGS estimates an enterprise value for AGS of approximately USD 46 million. AGS is based in Houston, Texas and specializes in providing advanced depth imaging services. The transaction is expected to close during the course of this week.
Total announces the acquisition of a 40% interest in three exploration permits northeast of Ichthys on the Australian Browse Basin jointly with Inpex (60%, operator). These interests were held by ConocoPhillips. This acquisition is subject to the approval of the Australian authorities.
Rowan Companies, Inc. (NYSE:RDC) announced today that it has entered into contracts with Keppel AmFELS, Inc. for the construction of four Super 116E class jack-ups. The rigs will be built at AmFELS' Brownsville, Texas shipyard, with delivery scheduled at approximately four-month intervals beginning in the second quarter of 2010.
Gaz de France has acquired a 45% stake in the Alam El Shawish West licence in Egypt from Vegas Oil & Gas.
Trico Marine Services, Inc. (NASDAQ: TRMA) ("Trico") and Active Subsea ASA (NOTC: ASUB) ("Active Subsea") today announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.
