BGP wins bidding of mega geophysical prospecting project in Saudi Arabia

On January 19, CNPC’s affiliate BGP won the bidding of Saudi Aramco’s S78 project for large-scale 3D transitional-zone seismic acquisition. The project has an operation period of 9 months + 1 year, with the workload worth USD 340 million. S78 is Saudi Aramco’s first 3D survey project in the Red Sea region, where there is no precedent of such projects.
The operation zone features complicated surface and geological conditions due to the coexisting deep water, shallow water, islands and coral reefs. Therefore, extremely high and strict standards are set for the project both in terms of technology and environment.
BGP, among a number of world renowned peer companies, eventually won out from multi-round of technical and commercial biddings relying on its optimum technical proposal.
Source: CNPC
Oil and Gas Press
Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil”
Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook