BP Awards Caspian Geophysical Contract

Thursday, December 20, 2001
Caspian Geophysical, the joint venture between WesternGeco and the State Oil Company of Azerbaijan Republic, announced that BP has awarded Caspian Geophysical a marine seismic services contract in the Azerbaijan sector of the Caspian Sea. Under the contract, Caspian Geophysical will supply a variety of conventional towed streamer and 3D, four-component (4C), marine acquisition and processing services for future seismic projects within any Production Sharing Agreement areas operated by BP. Caspian Geophysical will be the first contractor to mobilize ocean-bottom cable equipment designed for large-scale 4C seismic surveys within the Caspian region. The 4C surveys will provide additional subsurface information around gas-invaded sediments near mud volcanoes prior to field development. A 4D, or time-lapse, seismic survey is also planned to assist in analysis of reservoir fluid depletion. Surveys are scheduled to commence during Q1/Q2 2002, and continue into 2003.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

President Pryor Retires from ExxonMobil Chemicals

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

Finance

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Oil Deal Between Iraqi Kurdistan & Baghdad Welcomed

The United States welcomes an agreement between Iraq's central government in Baghdad and its northern Kurdistan region over the management of oil exports, U.

Nigeria to Cut Petrol Subsidy by Half

Nigeria plans to cut subsidies on petroleum products by half next year after sharp falls in global crude prices, spurred the government to revise its 2015 budget downwards,

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1169 sec (9 req/sec)