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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Asian Traders Unload Floating Gasoline as Market Flips

Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July. The number of tankers storing gasoline

Bulgaria, Greece to Consider Greek LNG terminal

Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied

Harding Sold to Palfinger

The PALFINGER Group has signed today the acquisition of 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group.

Finance

Baltic Index Up On Higher Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday helped by an increase in demand for capesize vessels.

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Asian Traders Unload Floating Gasoline as Market Flips

Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July. The number of tankers storing gasoline

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | 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: 0.0886 sec (11 req/sec)