TGS & AustinBridgeporth to Acquire Resolution Gravity Data over Egypt

TGS, in partnership with AustinBridgeporth, has been granted exclusive rights to acquire the world’s highest resolution gravity imagery, eFTG (enhanced Full Tensor Gravity Gradiometry), within Egypt. The first phase, which surveys the Upper Egypt region, was signed by Ganope Chairman His Excellency Mr. Mohamed Abdelazeem at the 2019 Mediterranean Offshore Conference (MOC) in Alexandria, Egypt.

The program will begin with a regional airborne eFTG multi-client survey, together with magnetic and Lidar data. The survey will commence in Q4 2019 and will continue as a multi-year acquisition that aims to cover both onshore and offshore Egypt.

Kristian Johansen, CEO at TGS, commented, “We are pleased to announce the addition of the Onshore Egypt eFTG survey into the TGS data library, further strengthening our position in the region. This high-resolution dataset will improve the geological understanding of the different play types in this highly prospective frontier area and provide the industry with essential subsurface data ahead of anticipated 2020 license rounds.”

Dr. Mark Davies, CEO at AustinBridgeporth, said, “Along with our partners TGS, we are excited to be part of this ground-breaking project for GANOPE. Lockheed Martin’s eFTG is the world’s most advanced gravity imaging system, and will bring high-resolution data, for the first time, to an extensive and little understood area of high hydrocarbon potential.”

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects