Seabed gets ADNOC extension

OE Staff
Thursday, October 6, 2016

Seabed Geosolutions, a joint venture between Fugro and CGG, secured a new extension to its ongoing shallow water operations in the UAE for Abu Dhabi National Oil Co.’s (ADNOC) Phase-II of the Ghasha Field project. This new survey is due to start in October and is expected to take approximately nine months and has a value of about US$60 million. 

With this new award, Seabed Geosolutions will enter its fourth year of continuous operations for ADNOC in the UAE, having recently successfully completed the Hail, Shuweihat and Ghasha Phase-I surveys.

Stephan Midenet, CEO of Seabed Geosolutions said: “We are very pleased by the continued confidence shown by ADNOC with this new award, which is clearly the result of the exceptional performance of our shallow water crew. Over the past years and thanks to a close cooperation with ADNOC, this crew has been setting new safety, data quality and efficiency standards for shallow water and transition zone surveys, allowing for cost effective acquisition of large surveys.”

Seabed Geosolutions collects geophysical data on the seabed through an array of imaging technologies for oil and gas companies. The focus is on the development and production phases of oil and gas fields. 

Categories: Geoscience Shallow Water Geophysics Geology

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