StatoilHydro Awards Seismic Contract in Canada

StatoilHydro and partners award Canadian seismic contract to CGG Veritas.

StatoilHydro Canada Ltd. and partners will carry out a large multipurpose seismic survey in the Jeanne d'Arc Basin off the East Coast of Newfoundland and Labrador in the spring and summer of 2008. The 2500 square kilometer survey will comprise 3D and 4D seismic surveys and will take approximately 140 days.

StatoilHydro will operate the southern part of the survey area covering exploration licenses 1100 and 1101 as well as the Petro-Canada operated Terra Nova production licenses. Husky Energy will operate the northern part of the survey, which includes the White Rose production license. StatoilHydro expects substantial synergies by cooperating on this large-scale seismic survey.

The vessel M/V "Veritas Vantage" will arrive in St. John's harbor this weekend for final preparations before starting the survey.