CGG has entered into an agreement with Trinidad and Tobago’s Ministry of Energy and Energy Industries to reprocess offshore seismic data.
The seismic reimaging agreement focuses on blocks 25a, 25b, 26 and 27 in the deep waters offshore Trinidad.
Backed by industry commitments, the project is set to provide preliminary products by late February 2024.
The reimaging initiative will cover more than 5,500km² of 3D seismic data within the complex eastern Columbus Basin. CGG will utilise its advanced TL-FWI imaging technology to significantly enhance the quality of seismic images.
The technology is expected to yield a more detailed understanding of the geological structures in this relatively unexplored area of the basin.
In addition to seismic data reimaging, the agreement encompasses the creation of well and geological products. These will be made available through CGG’s leading GeoWells platform.
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By GlobalDataCGG earth data executive vice-president Dechun Lin said: “We are pleased to have reached this multi-client agreement with the Republic of Trinidad and Tobago.
“We will use our established leadership in geoscience solutions and cutting-edge imaging technology to support this Caribbean Island nation’s ability to effectively address its energy needs and goals.”
Recently, Reuters reported that Trinidad and Tobago had initiated discussions with several European nations pertaining to the supply of liquefied natural gas (LNG).
The LNG will be produced from gas imported from Venezuela.
Trinidad also heightened pressure on producers, particularly offshore, to fast-track gas production to reactivate an idle LNG train and boost exports.
Furthermore, the country is seeking new investments through a planned bidding round for deepwater blocks this year.