Fugro Geoteam, the marine seismic data acquisition arm Fugro, has been awarded contracts with four major international oil companies for 3D and 4D seismic surveys in East Africa and the North Sea worth a total of nearly US$120 million. The surveys, which are to be conducted using Fugro Geoteam’s industry leading C-Class seismic vessels, will take place this summer.
Fugro’s C-Class vessels are designed to work in the most challenging offshore areas and to the highest environmental standards. The vessels are capable of towing up to 16 seismic streamers on dedicated winches with a capacity of 8000m of cable allowing for deployment of the largest possible spread of seismic streamers.
Fugro’s fleet of C-Class vessels include the Geo Celtic and Geo Caribbean, and the slightly bigger Geo Caspian and Geo Coral.
Recent significant discoveries of natural gas off the coast of East Africa by companies including Italy’s Eni SpA and Anadarko Petroleum Corp., ExxonMobil and Statoil, and BG Group, have reinforced optimism that the region may hold massive reserves of natural gas and oil.