CGG pens ‘largest ever’ deal for OBN seismic data processing
- Business & Finance
Seismic company CGG’s Geoscience division – Subsurface Imaging – has won a contract to process seismic data collected from “world’s largest OBN survey” offshore Abu Dhabi. The contract has been awarded by ADNOC.
“Under [the terms of the contract] , CGG will perform high-end time and depth imaging of massive volumes of very high-spec data from what is believed to be the world’s largest ocean-bottom node (OBN) seismic survey to date,” CGG said.
According to the French seismic company, the contract started in May 2019, and will last for a period of at least five years, and at most seven years. During that time, CGG expects to process a minimum 20,000 sq km of high-density wide-azimuth OBN seismic data at its Abu Dhabi geoscience center which has been in operation since 2001.
Sophie Zurquiyah, CEO, CGG, said: “CGG was selected for this record-breaking OBN processing contract, the largest ever awarded, on the strength of our reputation for service excellence and OBN processing pedigree. We are confident that close technical collaboration between our two companies on this strategic project will ensure that ADNOC gains the full value from their OBN investment. It will provide them with the reservoir insight required to support ADNOC’s 2030 smart growth strategy.”
While labeling the OBN data processing contract as the largest ever awarded, CGG did not reveal the financial details of the deal.
Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.
Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns.
If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.