CGG Awarded Multi-Client Projects
The 3D survey is expected to be up to 40,000 km?, subject to pre-commitment. It will cover blocks Z5-C and Z5-D and surrounding open acreage in this deltaic area which is believed to be prospective. CGG has also been awarded an onshore airborne gravity and magnetic survey in the Southern Mozambique Basin.The proposed multi-client seismic program in the Mozambique Zambezi region will form part of a comprehensive, fully integrated geoscience package that will give participating companies a better overall understanding of the region.
Marine gravity and magnetic data will be acquired simultaneously with the seismic to aid regional interpretation. The interpretive phase of the program will benefit from the full range of geoscience expertise from CGG's Geology, Geophysics & Reservoir businesses. This will include geological and remote sensing expertise from Robertson and NPA Satellite Mapping.Jean-Georges Malcor, CEO, CGG, said: "CGG has a long track record of delivering successful multi-client programs in the Sub-Saharan Africa region and this award underlines the extent to which our reputation for high-quality services and delivering value to our clients is recognized not just by oil and gas companies but also by national governments.
As our first multi-client projects in Mozambique, these awards fit well with CGG's long-term multi-client strategy to provide our clients with the most advanced understanding of the subsurface across the world's key basins. The 5th License Round award process undertaken by the INP in 2015 saw a high level of interest in the Zambezi region and we believe our multi-client projects will highlight the exploration upside potential."