PGS awarded Egyptian survey contract

Norway’s PGS has been awarded a contract by a unnamed oil major for a 3D exploration program offshore Egypt.

The survey will be acquired using an extended long offset (ELO) configuration with seismic vessel Ramform Tethys towing a wide multi-sensor GeoStreamer spread with an additional source vessel located several kilometres ahead. PGS says this will enable efficient recording of offsets up to 16km, critical for imaging deeper complex exploration targets.

“We are very pleased to be awarded this contract, which secures PGS vessels to operate in Egyptian waters until May 2021, building on an extended campaign for several super majors since July 2020. In a rapidly changing energy market, exploration seismic requires increasingly advanced survey designs, such as the ELO configuration, to generate high quality seismic data in complex geologies,” said Nathan Oliver, EVP sales & services at PGS.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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