Industry & Economy
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Petroleum
French consultant to get $103-m for ONGC marine surveys
Our Bureau
Bangalore
,
Aug. 30
OIL & Natural Gas Corporation has awarded $103 million for a marine survey project to the French consultant Compagnie Generale de Geophysique (CGG), a CGG news release said.
The contract entails acquisition and onboard processing of a series of exclusive marine surveys stretching over the entire west coast and a portion on the east coast of India.
The project comprises 19 surveys covering a total surface area of approximately 13,000 sq km and is located predominantly in the Bombay High basin. Shooting is scheduled to start in November and end in mid-June 2005.
Full onboard processing will be performed on the vessels using CGG's proprietary software, the statement said.
According to Mr Christophe Pettenati-Auziere, CGG's Senior Executive Vice-President, Services, "This $103-million award ranks among the largest in the industry. It comes in the wake of a project we recently acquired to the satisfaction of ONGC off the east coast, which saw very positive co-operation between our two companies."
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