Viridien secures 2,400 km² seismic reprocessing contract in Algeria with Sonatrach and PTTEP

Viridien will reprocess two 3D seismic datasets in the Berkine Basin for the Hassi Bir Rekaiz consortium over a 13-month period.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Viridien, through its subsidiary specialising in geophysical imaging, has been awarded a seismic reprocessing contract by the Hassi Bir Rekaiz Group. This consortium, comprising Algerian state-owned company Sonatrach and Thailand’s PTT Exploration and Production (PTTEP), has tasked Viridien with reimaging two three-dimensional seismic volumes covering a total area of 2,400 km² in the Hassi Bir Rekaiz concession, located in the Berkine Basin in eastern Algeria.

The original data, acquired in 2011 and 2013 respectively, will undergo a full integrated reprocessing, leveraging Viridien’s advanced modelling tools to enhance imaging quality and geological accuracy. The 13-month project aims to optimise quantitative interpretation by improving the reliability of amplitude, phase, and frequency attributes.

Technology supporting seismic interpretation

To meet the client’s imaging objectives, Viridien is deploying its latest seismic velocity modelling technologies. The goal is to deliver more detailed subsurface imaging, enhancing understanding of reservoir structures, including faults, which are often critical in evaluating hydrocarbon potential. Data fusion is intended to maximise the value of existing datasets, reducing the need for further acquisition while optimising the use of available resources.

The French subsidiary has recently expanded its capabilities in North Africa, increasing its contract portfolio across the region. The Hassi Bir Rekaiz project is part of this targeted growth strategy.

Strengthening Viridien’s footprint in North Africa

Peter Whiting, Executive Vice President, Geoscience at Viridien, stated that the contract demonstrated ongoing client confidence in the company’s service offering. “We are pleased to have been selected for another contract in Algeria, showing the trust our clients place in our experience and differentiation in this growing market,” he said.

The economic value of such projects lies in their ability to reduce uncertainty in drilling planning, supported by deeper geological insight. Viridien continues to enhance its seismic data processing techniques to extract more actionable information from existing records, as per the demands of regional operators.

Swedish renewable energy developer OX2 has appointed Matthias Taft as its new chief executive officer, succeeding Paul Stormoen, who led the company since 2011 and will now join the board of directors.
Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.
Australian Oilseeds Holdings was granted a deadline extension until 30 September to comply with the Nasdaq’s equity requirements, avoiding immediate delisting from the exchange.
Fermi America has closed $350mn in financing led by Macquarie to accelerate the development of its HyperGrid™ energy campus, focused on artificial intelligence and high-performance data applications.
Soluna Holdings launched two energy projects in Texas, reaching one gigawatt of cumulative capacity for its data centres, marking a new stage in the development of computing infrastructure powered by renewable energy.
Eneco’s Supervisory Board has appointed Martijn Hagens as the next Chief Executive Officer. He will succeed interim CEO Kees Jan Rameau, effective from 1 March 2026.
With $28 billion in planned investments, hyperscaler expansion in Japan reshapes grid planning amid rising tensions between digital growth and infrastructure capacity.
The suspension of the Revolution Wind farm triggers a sharp decline in Ørsted’s stock, now trading at around 26 USD, increasing the financial stakes for the group amid a capital increase.
Hydro-Québec reports net income of C$2.3 billion in the first half of 2025, up more than 20%, driven by a harsh winter and an effective arbitrage strategy on external markets.
French group Air Liquide strengthens its presence in Asia with the acquisition of South Korean DIG Airgas, a key player in industrial gases, in a strategic €2.85 billion deal.
The Ministry of Economy has asked EDF to reconsider the majority sale agreement of its technology subsidiary Exaion to the American group Mara, amid concerns related to technological sovereignty.
IBM and NASA unveil an open-source model trained on high-resolution solar data to improve forecasting of solar phenomena that disrupt terrestrial and space-based technological infrastructures.
The Louisiana regulatory commission authorizes Entergy to launch major energy projects tied to Meta’s upcoming data center, with anticipated impacts across the regional power grid.
Westbridge Renewable Energy will implement a share consolidation on August 22, reducing the number of outstanding shares by four to optimize its financial market strategy.
T1 Energy secures a wafer supply contract, signs 437 MW in sales, and advances G2_Austin industrial deployment while maintaining EBITDA guidance despite second-quarter losses.
Masdar has allocated the entirety of its 2023–2024 green bond issuances to solar, wind, and storage energy projects, while expanding its financial framework to include green hydrogen and batteries.
Energiekontor launches a €15 million corporate bond at 5.5% over eight years, intended to finance wind and solar projects in Germany, the United Kingdom, France, and Portugal.
The 2025 EY study on 40 groups shows capex driven by mega-deals, oil reserves at 34.7 billion bbl, gas at 182 Tcf, and pre-tax profits declining amid moderate prices.
Australian fuel distributor Ampol reports a 23% drop in net profit, impacted by weak refining margins and operational disruptions, while surpassing market forecasts.
Puerto Rico customers experienced an average of 73 hours of power outages in 2024, a figure strongly influenced by hurricanes, according to the U.S. Energy Information Administration.

Log in to read this article

You'll also have access to a selection of our best content.