Contract awarded to CNPC affiliate bringing total onshore and offshore seismic survey area to 85,000sqm
The Abu Dhabi National Oil Company (ADNOC) recently announced the award of a contract worth up to US$ 519mn (AED 1.9bn) to further expand the scope of the world’s largest combined three-dimensional (3D) onshore and offshore seismic survey, which is currently taking place in the Emirate of Abu Dhabi.
The expansion underscores the important role seismic surveying plays in enabling ADNOC to identify and explore new hydrocarbon resources as highlighted by the recent major discoveries of recoverable unconventional oil resources and conventional oil reserves.
The contract was awarded to BGP Inc., a subsidiary of China National Petroleum Company (CNPC), represented in the United Arab Emirates (UAE) by Al Masaood Oil Industry Supplies & Services Co.
This new award brings the total area to be covered by the survey up to 85,000 km2 and reinforces ADNOC’s commitment to unlocking the full potential of Abu Dhabi’s vast hydrocarbon resources.
50% of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value (ICV) programme, highlighting how ADNOC continues to prioritize ICV as it invests responsibly to deliver its 2030 strategy.
“This further demonstrates ADNOC’s commitment to realizing the full potential of our conventional and unconventional oil and gas resources to ensure the UAE remains a long-term and reliable energy provider to the world,” stressed Yaser Saeed Al Mazrouei, Executive Director, ADNOC Upstream.
This contract increases the scope of the ongoing seismic mega survey to capture coastal areas, islands, and shallow water. It will utilize state-of-the-art technologies including cableless equipment and a wide range of environmentally friendly seismic sources
This award prioritized UAE sources for materials, local suppliers, and workforce as well as advanced technologies.
