Aker Solutions' geo business has signed a six-year frame agreement with TGS to co-operate in supplying regional sub-surface velocity cubes - hiQbe(TM) - for the UK Central North Sea area.

The agreement is valid for a period of six years, with optional extensions, from 29 May 2012. In addition, TGS has options to extend the agreement to other areas on the UK continental shelf.

"This is a very good agreement for us, with an important seismic company with whom we share a successful history of velocity cube co-operation on the Norwegian continental shelf," says Bengt Larssen, president of Aker Solutions' geo business.

hiQbe(TM) stands for regional high quality velocity cube and consists of hundreds of seismic stacking velocity data sets, and checkshots from hundreds of wells, all processed into one regionally consistent velocity cube, with anisotropy corrections.

Tags: Aker Solutions