Mumbai, India, January 23, 2020. Sevmorneftegeophysica (SMNG), a subsidiary of Rosgeo, and Indian Oil and Natural Gas Corporation (ONGG) have signed a contract for 2D/3D marine seismic explorations on the continental shelf of India.
Through the tender conducted by ONGG at the end of 2019, the technical and commercial offer of SMNG was awarded as the best.
"Winning in the ONGG tender has once again demonstrated a high competence of our marine seismic exploration which successfully competes in the world market," — emphasized Sergey Gorkov, Director General and Chairman of the Board of Rosgeo. "The contract with ONGG is the largest foreign contract in the Rosgeo's history, which has particular importance for implementation of our strategy aimed at increasing a share of contracts outside Russia up to 30% of the company's revenue.”
Preparations for the field seismic explorations are currently in progress, which are planned to start during the first decade of February 2020. For these activities the Academic Primakov research vessel will be engaged.
The seismic explorations will be conducted on the three high-potential sites of the Mumbai oil and gas basin. The sites are situated in the Gulf of Cambay of the Arabian Sea: one site – on the north coast of the Gulf to the south of the Mahuva city; the other two sites – to the west of the Mumbai and Tarapur cities.
