Polar Duke Acquires Multi-Client 3D Seismic Survey Offshore Lebanon
- Business & Finance
Dolphin Geophysical using its High Capacity 3D vessel, the Polar Duke is acquiring a new, long offset high resolution Multi-Client 3D seismic survey in the Levantine Basin offshore Lebanon. This project is in cooperation with Spectrum who has an exclusive contract with the Ministry of Energy and Water (MEW) of Lebanon.
His Excellency, Energy Minister Gibran Bassil visited Dolphin’s 3D vessel M/V Polar Duke whilst it continued acquisition of the Multi-Client survey.
Built in 2010, the M/V Polar Duke is 106.8m long, 22m wide, with gross tonnage of 7789 tons.
Dolphin’s vessel the Polar Duke is equipped with some of the latest technologies in the seismic industry. For this particular Multi-Client 3D survey in the south west EEZ (Exclusive Economic Zone) offshore Lebanon, Dolphin are utilising 12 streamers as well as dual energy source.
This strategically placed Multi-Client 3D survey has been designed by Spectrum and will provide enhanced imaging of the geological picture allowing oil and gas companies to better evaluate the prospectivity.
Dolphin’s M/V Polar Duke will finish its acquisition before the end of September. A fast track volume, processed on-board the vessel, will be available to interested companies in November. The final products will be completed in early 2013 as required by the Lebanese government and in time for the indicated first ever licensing round.
Press Release, September 27, 2012