Wavefield Inseis has received a letter of interim arrangement from BP Exploration Libya Ltd for one of the world’s biggest 3D seismic acquisition and onboard processing contracts.

The survey, which will take place in Libya's offshore Sirt basin, will be acquired with Wavefield's latest 3D vessel Geowave Endeavour and is expected to take approximately a year to complete. The contract will incorporate the industry's largest ever onboard processing project that includes SRME and full Pre-Stack Time Migration.

"This award is another confirmation that Wavefield Inseis are fully accepted as a professional supplier of high-end acquisition and onboard processing services. It is of fundamental importance as it also reinforces our strategy of improving company visibility and moving forward," said Atle Jacobsen, CEO of Wavefield Inseis.

Tags: BP Norge AS, Wavefield InSeis ASA