Fugro, IPEX Win Deepwater Drop Coring Project in Brazil
- Business & Finance
Fugro Brasil, along with consortium partner IPEX, has recently been awarded a deep water drop coring project by the ANP (National Oil & Gas Agency) for the Ceará Basin development plan in the north-east of Brazil, in order to increase knowledge of the equatorial margin basins.
The project, valued at approximately EUR 6 million, requires satellite imagery acquisition, processing and interpretation; review of 3D seismic profiles; selection of geochemical sampling stations; recovery of 1,000 drop cores in water depths up to 3,000 metres; laboratory testing and interpretation.
The total project duration is twelve months with field work anticipated to take about four months.
This award follows similar campaigns previously completed for ANP in the Pernambuco/Paraíba, Pelotas and Jacuípe basins as well as several other sampling projects for different clients.
Source: Fugro, January 23, 2010;