CGG has, under the agreement with Société Nationale des Hydrocarbures (SNH), started to promote multi-client E&P data packages, in support of Cameroon’s 2018 onshore & offshore licensing round.
SNH, the national oil and gas company of Cameroon, opened the licensing round for eight free blocks on offer, located in sedimentary basins offshore and onshore Cameroon.
The licensing round opened on Monday, January 15, 2018, and will close on June 29, 2018.
Cameroon is a proven hydrocarbon province with oil and gas production from both the Rio Del Rey (RDR) and Douala/Kribi-Campo (DKC) basins. Significant further opportunities exist for commercial hydrocarbon accumulations in both basins with large tracts of open acreage available, particularly in the DKC basin, CGG explained.
The TerraCube suite of integrated data packages of the onshore/offshore DKC and RDR sedimentary basins will offer oil and gas explorers access to workstation-ready 2D and 3D seismic, well data and interpretative products, enabling them to make a rapid technical evaluation of the hydrocarbon potential of the blocks on offer.
Jean-Georges Malcor, CEO, CGG, said: “The 2018 Licensing Round offers exciting opportunities for the international oil and gas industry to add strategic acreage positions with significant potential in proven hydrocarbon-bearing basins in Cameroon. With the integrated well and seismic packages, CGG is making available, in partnership with SNH, interested oil and gas companies will be able to focus on identifying the petroleum prospectivity for the available blocks.”