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    CGG Awarded Petrobras Seismic Processing Job

Summary

French geosciences group CGG has been awarded a contract by Petrobras to process the seismic data from the largest node survey ever, in Brazil’s deep waters.

by: Mark Smedley

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Natural Gas News, Americas, Corporate, Exploration & Production, News By Country, Brazil, France, Netherlands

CGG Awarded Petrobras Seismic Processing Job

French geosciences group CGG said July 19 it has been awarded a contract by Petrobras to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2,180 km² in Brazil’s deepwater Santos Basin.

CGG said this will be the largest node survey ever acquired and processed in the industry, with the resulting OBN data set to be processed in CGG’s long-established Rio de Janeiro Subsurface Imaging Center, which has the largest computer capacity and greatest expertise in the region.

The contract for the survey – to be acquired by Seabed Geosolutions, CGG’s joint venture with Dutch firm Fugro – was announced June 26, will take seven months to undertake, start at end-2017 or early 2018, and is valued at around $90mn. CGG has not disclosed the value of its data processing contract.

CGG CEO Jean-Georges Malcor said: “CGG is a natural choice for this high-profile OBN processing contract ...We will work closely with Seabed Geosolutions to deliver the best images of the subsurface in the highly prospective Santos Basin.”

 

Mark Smedley