CGG: Completes Mozambique Multi-Client Survey in Zambezi Delta
June 13 2018 - 1:31AM
CGG Completes Mozambique Multi-Client Survey
in Zambezi
Delta
Paris, France - June 13, 2018
CGG has completed acquisition of 15,400 km2 of
3D marine seismic data in the outer Zambezi Delta Basin, west of
the Beira High. The survey area covers blocks Z5-C and Z5-D and
surrounding non-held acreage.
This is the first survey to be conducted
following the agreement CGG signed with Mozambique's Instituto
Nacional de Petroleo (INP) in 2017 for the acquisition of a new
multi-client program.
The fast-track PreSTM data set will be available
in Q4 2018 in anticipation of a licence round during 2019 and final
PreSDM deliverables will be made available in Q4 2019. A
JumpStart(TM) integrated geoscience package will complement the
survey to help accelerate industry understanding of the petroleum
systems in the area.
As part of CGG's commitment to sustainability
and high environmental standards, Sercel's QuietSea(TM) advanced
integrated passive acoustic monitoring system was deployed on the
survey vessel to ensure best-in-class monitoring of marine mammals
in the environmentally sensitive Mozambique Channel.
Sophie Zurquiyah, CEO, CGG, said: "This advanced
3D survey is being imaged with our latest subsurface imaging
technologies. Combined with our JumpStart integrated geoscience
program, regional coverage from our 2017 East Africa Robertson
Study, and the Robertson New Ventures Suite, it will support INP's
promotion of the potential in the deepwater Zambezi Delta Basin and
the west flank of the Beira High. This full package will also
provide interested industry companies with the information required
to confidently de-risk the full Paleozoic, Mesozoic and Cenozoic
series in this exciting new exploration area."
About CGG
CGG (www.cgg.com) is a fully integrated
Geoscience company providing leading geological, geophysical and
reservoir capabilities to its broad base of customers primarily
from the global oil and gas industry. Through its three
complementary business divisions of Equipment, Acquisition and
Geology, Geophysics & Reservoir (GGR), CGG brings value across
all aspects of natural resource exploration and exploitation. CGG
employs around 5,300 people around the world, all with a Passion
for Geoscience and working together to deliver the best solutions
to its customers.
CGG is listed on the Euronext Paris SA (ISIN:
0013181864) and the New York Stock Exchange (in the form of
American Depositary Shares. NYSE: CGG).
Contacts
Group
Communications Christophe BarniniTel: + 33 1 64 47 38
11E-Mail: : invrelparis@cgg.com |
Investor RelationsCatherine LeveauTel: +33 1 64 47 34
89E-mail: : invrelparis@cgg.com |
- Press release pdf version.pdf