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September 7, 2017

Deals this week: CGG, Repsol Sinopec Resources UK

CGG has agreed with Instituto Nacional de Petroleo (INP) of Mozambique to perform a new 3D survey covering 40,000km² of offshore Beira High in the Zambezi Delta. 

CGG has agreed with Instituto Nacional de Petroleo (INP) of Mozambique to perform a new 3D survey covering 40,000km² of offshore Beira High in the Zambezi Delta.  

The company will gather data from Blocks Z5-C and Z5-D and neighbouring open acreage by using the latest 3D broadband deghosting and advanced demultiple, velocity modelling and imaging techniques.

Oceanic Champion research vessel will be used to conduct the survey over an area of 10,300km².

"Oceanic Champion research vessel will be used to conduct the survey over an area of 10,300km²."

Repsol Sinopec Resources UK has entered a five-year master services agreement with Expro for well services to its assets located in the North Sea. The contract also includes options to extend the term beyond five years.

Expro will offer well intervention services such as production assurance and enhancement, well integrity, decommissioning and abandonment applications for the assets.

The contractual scope also includes the provision of wireline and cased hole logging services.

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