Offshore Oil and Gas Seismic Equipment and Acquisitions Market - Top Companies and Manufacturers

  • Report ID: 5546
  • Published Date: Jan 03, 2025
  • Report Format: PDF, PPT

Companies Dominating the Offshore Oil and Gas Seismic Equipment and Acquisitions Landscape

    • ARGAS
      • Company Overview
      • Business Planning
      • Main Product Offerings
      • Financial Execution
      • Main Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Fugro NV
    • ION Geophysical Corp.
    • Mitcham Industries Inc.
    • PGS ASA
    • Polarcus Ltd.
    • SAExploration Holdings Inc.
    • SeaBird Exploration Plc
    • Shearwater GeoServices Holdings AS
    • TGS-NOPEC Geophysical Co. ASA


In the News

  • February 11, 2021: ION Geophysical Corporation declared a modification to the Restructuring Support Agreement that, along with an individual support deal with Mr. James Lapeyre, shows rising bondholder support to 92%, from 84% at the time of the beginning proclamation, and comprises finalized pricing terms. Depending on the 20 trading day VWAP since the starting statement, the price to buy new shares of stock through the rights presenting was set at $2.57 and the transformation price of the new 8% Senior Secured Second Priority Notes due 2025 (the “New Notes”) was set at the upper end of the collar at $3.00.
  • September 12, 2023: Seabird Exploration Plc. declared that it has contracted a Letter of Award for a 2D contract in the Eastern Hemisphere with a replicate client. The tenure of the contract is projected to be almost 3 months. Pending customary allowing and pre-funding sanctions, the contract is projected to begin medio Q4 2023.

Author Credits:  Dhruv Bhatia


  • Report ID: 5546
  • Published Date: Jan 03, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of offshore oil and gas seismic equipment and acquisitions is evaluated at USD 1.09 billion.

The offshore oil and gas seismic equipment and acquisitions market size was valued at USD 1.02 billion in 2024 and is set to exceed USD 2.95 billion by 2037, registering over 8.5% CAGR during the forecast period i.e., between 2025-2037. Increasing requirement for sustainable energy across the world will fuel the market growth.

North America industry is poised to account for largest revenue share of 39% by 2037, owing to increasing utilization of advanced technologies in the region.

The major players in the market are ARGAS, Fugro NV, ION Geophysical Corp., Mitcham Industries Inc., PGS ASA, Polarcus Ltd., SAExploration Holdings Inc., SeaBird Exploration Plc, Shearwater GeoServices Holdings AS, TGS-NOPEC Geophysical Co. ASA, Japan Petroleum Exploration Co. Ltd., JAPEX Offshore Ltd., Mitsubishi Gas Chemical Company, JGC Holdings Corporation.

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