CGG clinches seismic deal in Gabon

LIBREVILLE, October 28, 2015 – Gabon’s Ministry of Petroleum and Hydrocarbons has appointed CGG as a technical consultant to carry out 3D-seismic surveys on 25,000 square kilometres of land, the French seismic player announced on Wednesday.

Under the terms of this agreement, CGG will collect seismic data as part of an integrated geoscience programme for the country’s 2016 offshore licensing round. This round includes five highly prospective deepwater blocks and has been open since October 27.

The new survey will allow for more accurate imaging of undiscovered areas around the pre-Aptian salt discoveries including Leopard, Diaman, Ruche and Tortue, according to the company’s Wednesday statement.

CGG will be able to enhance imaging by using an integrated gravity and magnetic interpretation.

“Given the high quality of the intermediate results we have seen from our recent BroadSeis survey, we expect the final results to be a significant resource for clients to de-risk this promising exploration arena. We are pleased to announce that several companies have already pre-committed to the dataset,” Jean-Georges Malcor, GCC CEO, said in the Wednesday statement.

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