Russia, Norway Ink Seismic Pact for Barents Sea

Laxman Pai
Thursday, October 25, 2018

The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea.

“This agreement is extremely important, it allows us to achieve a better understanding of the regional geological conditions on both sides of the demarcation line and, not least, of geological structures that span across the line,” says Stig-Morten Knutsen, the NPD's assistant director within Exploration.

Rosnedra initiated the data exchange about two years ago. The agreement was signed by Director General Bente Nyland and Director of Rosnedra Evgeny A. Kiselev in July of this year.

The agreement entails that Russian and Norwegian authorities will exchange about the same volume of data. From the Russian side, this includes all seismic that was collected in 2013 in two major licences: the Fedynsky licence and the central Barents Sea licence, in a zone that is 50 kilometres from the demarcation line. There will also be a line from the gas discovery on the Kildinskoye High. The NPD has received a total of 6500 kilometres of 2D seismic from these areas.

Rosnedra has received 5900 kilometres of 2D seismic from the Norwegian side. This includes seismic data that the NPD collected in the northern Barents Sea in 2012, 2013, and 2014, limited to east of

35°E and south of 76°10N. The Russians will also receive a seismic line from the stratigraphic boreholes on the Sentralbank High, as well as a long line that spans north to south in the Arctic Ocean.

Categories: Seismic Vessel Tech Surveyors Ocean Observation Government Update Geoscience Europe

Related Stories

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Oil Holds Steady After US, Iran Agree to Cease Attacks

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

Azerbaijan’s Absheron Gas Project Advances with New Sales Agreement

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Current News

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Oil Holds Steady After US, Iran Agree to Cease Attacks

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com