Fugro-Geoteam AS has signed a contract with TGS-Nopec Geophysical Company ASA to acquire 3D survey(s) in West Africa. The projects will take approximately 7 months to acquire and Fugro will deploy its C-Class vessel Geo Caribbean to ensure efficient production on the large seismic spread programs.
SILLENGER EXPLORATION CORP announced that it has retained the services of Fugro Airborne Surveys Corp to conduct the airborne geophysical survey of the Rio Muni region of Equatorial Guinea. The upcoming survey will help to reveal the locations of potential deposits and provide a detailed reading of the subsurface structures.
Equatorial Guineas oil deposits have ranked it third amongst sub-Saharan African oil producing countries. It is leading the way in Africa in the monetisation of its gas reserves, while other countries are still flaring most of their gas. Government policies in the sector are fuelling an investment climate that is attracting a tremendous amount of international interest in the opportunities in the oil & gas sector.
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