CGG to Conduct Largest OBN Survey in UK CNS
- Business & Finance
CGG has taken on a new project to deliver the largest OBN multi-client survey ever conducted in the UK Central North Sea (CNS).
Planned to start in early 2020, the survey is being prefunded in part by BP.
In the first phase of this multi-year program, CGG aims to acquire over 2,000 sq. km of OBN data.
First results are targeted for Q1 2021.
Sophie Zurquiyah, CEO, CGG, said: “We are pleased to initiate this exciting new OBN program which will deliver unprecedented industry insight and lead to a step-change in development in this critical Central North Sea area. Our asset-light configuration enables us to best take advantage of key opportunities and fully leverage our core capabilities. The new data set will also complement CGG’s extensive high-quality Cornerstone towed-streamer data library in the area and support the UK Oil & Gas Authority’s strategy for Maximizing Economic Recovery.”