ADNOC awards BGP $490 million contract to expand world’s largest 3D seismic survey
ADNOC has awarded a contract to BGP Inc., a subsidiary of China National Petroleum Company (CNPC), worth up to $490 million (AED1.79 billion), to expand the scope of the world’s largest combined 3D onshore and offshore seismic survey currently underway in Abu Dhabi. The contract will focus on identifying additional oil and gas resources in ADNOC’s producing onshore fields.
ADNOC and BGP will leverage advanced AI tools to accelerate interpretation of the seismic data, maximize resource recovery and the use of existing infrastructure in producing fields to enhance efficiencies.
Over 70% of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value (ICV) program, strengthening ADNOC’s commitment to supporting local economic and industrial growth.
“ADNOC continues to capitalize on industry-leading technologies to maximize value creation and responsibly meet growing demand for energy,” said Abdulmunim Saif Al Kindy, ADNOC Upstream Executive Director. “Our investment in the world’s largest 3D Mega Seismic Survey emphasizes the role advanced technologies play in our operations, as we continue to realize the full potential of our oil and gas resources to ensure the UAE remains a long-term and reliable energy provider to the world.”
The 3D Mega Seismic Survey project was initiated by ADNOC in late 2018 and marked the start of the world’s largest continuous seismic survey, covering 85,000 km2 across onshore and offshore areas in the Emirate of Abu Dhabi. The project is designed to provide high-resolution and high-fold 3D seismic data, offering a comprehensive understanding of the region’s complex geological structures.