Spectrum, CGG Launch 3D Seismic Survey Offshore Brazil

Seismic imaging specialist Spectrum ASA announced Tuesday that it and geoscience firm CGG have jointly launched a large, high-end 3D multi-client survey program offshore Brazil that will focus on the Foz do Amazonas Basin.

Spectrum said the two companies are working as equal partners on the project, which has already received funding from "a number of major industry players".

Covering 4,350 square miles, the survey will be acquired by the Oceanic Endeavour survey vessel. It is expected to start in January 2014.

Commenting on the survey in a company statement, CGG CEO Jean-Georges Malcor said:

"There is an unsurprising high level of industry interest in the Brazilian equatorial margin given the recent Zaedyus discovery to the northwest of Foz do Amazonas as well as analogous discoveries in the West African equatorial margin. Our joint program with Spectrum will capitalize on CGG's high-end BroadSeis technology and Spectrum's recent 2D program experience in the Foz do Amazonas Basin to bring unique insight to this high-potential area."

Spectrum CEO Rune Eng added:

"The Northern Margins of Brazil have been a core area for our investment campaigns over recent years. This opportunity for us to join forces with CGG in our project development and employ CGG's top-notch technology in our next phase in this area is a milestone for Spectrum."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Shell to Sell Gabon Onshore Assets for... (Mar 24)
 -  Industry Pros Gather for Offshore Achi... (Mar 24)
 -  Statoil Makes North Sea Oil, Gas Disco... (Mar 24)
 -  Report: Hiring Managers See Salaries S... (Mar 23)
 -  Repsol Chooses Atlas for Onshore, Offs... (Mar 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Equipment Operator
Expertise: Cementing|Coil Tubing|Maintenance Technician
Location: El Reno
 
Account Manger - Levelland/Lubbock, TX Area
Expertise: Customer Service|Production Operator|Well Servicing & Testing
Location: Levelland, TX
 
Dispatcher
Expertise: Dispatcher
Location: Greeley, CO
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours