NUPRC advances offshore exploration with new seismic licence

The Nigerian Upstream Petroleum Regulatory Fee has signed a Petroleum Exploration Licence No. 5 settlement with SeaSeis Geophysical Restricted, authorising the corporate, in partnership with the fee and TGS, to undertake the acquisition and processing of latest 3D seismic and gravity knowledge.

The three-year deal, signed on the fee’s headquarters in Abuja on Tuesday, is anticipated to deepen subsurface understanding throughout an enormous offshore acreage and supply high-quality knowledge to information future exploration and funding choices.

A press release issued by the fee’s Head of Company Communications and Media, Eniola Akinkuotu, stated the challenge covers about 11,700 sq. kilometres within the offshore Japanese Niger Delta, spanning water depths of between 400 and a couple of,800 metres.

The assertion learn, “The Nigerian Upstream Petroleum Regulatory Fee has signed a Petroleum Exploration Licence No. 5 settlement with SeaSeis Geophysical Restricted, authorising the corporate, in partnership with the fee and TGS, to undertake the acquisition and processing of latest 3D seismic and gravity knowledge.

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