International marine geophysics firm PGS will take part at African Power Week (AEW): Spend money on African Power 2024 as a Silver Sponsor. PGS’s participation on the convention – scheduled for November 4-8 in Cape City – is ready to drive technology-focused discussions round advancing sustainable vitality options throughout Africa.
On the core of its operations, PGS harnesses progressive expertise to enhance geophysical understanding and pioneer sustainable exploration practices on a world scale. PGS is at the moment within the technique of merging with information and intelligence agency TGS to determine a premier vitality information firm. The merger secured approval from the Norwegian Competitors Authority earlier this month and is poised to help African exploration and optimize the event of the continent’s hydrocarbon assets.
AEW: Spend money on African Power is the platform of alternative for mission operators, financiers, expertise suppliers and governments and has emerged because the official place to signal offers in African vitality. Go to www.AECWeek.com for extra details about this thrilling occasion.
Beneath its dedication to advance sustainable vitality options, PGS lately signed a three-year multi-client survey settlement with Ghana’s Petroleum Fee for seismic information acquisition within the Tano Basin. The settlement entails a $2-million funding to reprocess present information and improve its high quality to draw potential traders. Termed the “Mega Survey,” the initiative makes use of cutting-edge applied sciences, together with public and PGS-owned 3D System datasets, to advertise acreage throughout the basin.
Final November, PGS secured a contract for a 4D survey mission offshore West Africa, leveraging its GeoStreamer expertise to ship high-quality seismic information. With a observe report courting again to 2012, PGS has performed over 50 surveys within the area, using specialised vessels, such because the Ramform Atlas and the Ramform Vanguard, devoted to West African tasks.
In the meantime, the continuing PGS survey offshore Egypt – EGY24 Nefertiti – goals to boost the understanding of shelfal and rework margin potential within the western boundary of Egypt’s offshore space. Partnering with the Egyptian Pure Fuel Holding Firm, PGS makes use of its Ramform fleet and GeoStreamer broadband expertise to assemble detailed information for correct structural imaging. The ensuing dataset holds promise for corporations establishing a presence within the space, in addition to present operators refining their exploration methods.
“Investing in technology-focused options is vital to unlocking Africa’s full hydrocarbon potential and enabling sustainable improvement throughout the continent. PGS’s participation at AEW 2024 underscores its dedication to ushering in a brand new period of data-driven exploration,” states NJ Ayuk, Govt Chairman of the African Power Chamber.
To affix Africa’s vitality development, please go to www.AECWeek.com for additional particulars on participation.
Distributed by APO Group on behalf of African Power Chamber.