SCAN Geophysical ASA (SCAN) today announced that it has been awarded an additional contract from Petroleos de Venezuela SA (PDVSA) for marine 3-D seismic work offshore Venezuela. This is the third award by PDVSA to SCAN for towed marine seismic services during 2007.


Preceded by earlier announced awards calling for 2,700 miles (4,400 km) of 2-D seismic in the Caribbean region and 155 sq miles (400 sq km) of 3-D seismic over Cardon II block off Venezuela, this contract award by PDVSA is for 965 sq miles (2,500 sq km) of 3-D seismic in the Mariscal Sucre region. The large 3-D survey is being planned for possible future 4-D application as well as high-resolution recording attributes. This award will backlog SCAN’s proposed vessel M/V SCAN Resolution into mid-2008.


“This contract represents the largest award to date for SCAN,” said Stephane Touche, senior vice president and chief operating officer of SCAN. ”Keeping our 3-D vessel working in this region for a major company is consistent with our overall strategy to make the Americas one of our most targeted regions and to work directly for operating entities.”


For more information, visit www.scangeo.com.


Comments