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DAILY NEWS Nov 20, 2009 1:50 PM - 0 comments

Fugro Acquires Major Statoil 3D Seismic Project Offshore Alaska

LEIDSCHENDAM, the Netherlands

Fugro-Geoteam has entered into an agreement with Statoil USA E&P, Inc. for the acquisition and QC processing of 2,400 square kilometres of 3D marine seismic program around Statoil’s leases in the Chukchi Sea.

The project is valued at approximately $26 million (US), with an estimated duration up to three months. The survey is planned to take place from approximately early August into October 2010.

In consideration of the challenging conditions of the Chukchi Sea, combined with the limited acquisition window, Fugro-Geoteam and Statoil have agreed to utilize one of the world’s newest and most technologically advanced, ‘C-class’ vessels.

The large and modern C-Class vessels have a DNV ICE classification as well as the proven capability to tow an exceptionally high streamer count. The combination of which, will provide the capability to optimize production during the limited window.

Fugro supports its clients in their search for natural resources and the production and transportation of those resources. Fugro also provides its clients with technical data and information in order to design construct and maintain installations, structures and infrastructure in a safe and efficient manner. Fugro's clients operate in many different locations and under many different conditions. To be able to meet their needs in the best possible way, Fugro's organisational structure is decentralised and market orientated.

Fugro's highly-qualified specialists work with modern technologies and systems, many of which have been developed in-house. Fugro's data collection equipment includes around fifty-five vessels, some hundreds of CPT (Cone Penetration Testing) and drilling units, around thirty jack-up platforms, approximately sixty aircraft and helicopters, one hundred and twenty-five ROVs (remotely operated vehicles), and five AUVs (autonomous underwater vehicles), as well as advanced (satellite) positioning systems.


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