SUBSCRIBE
PROFILE

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.

START NOW — 4.90$/month

*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

SUBSCRIBE — 99$/year

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

Sign up for free to unlock this article

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.

  • Popular on energynews.pro
Dutch parliament approves RED III, reassuring biofuels market participants
TotalEnergies exits three mature fields in Norway’s Ekofisk area
Hydrogen Valleys: the Clean Hydrogen Partnership selects 36 European applications
Iberdrola adds 708 MW of solar capacity to joint venture with Norges Bank
EDF power solutions and El Paso Electric launch 150 MW solar facility in New Mexico
CPP Investments injects $1 billion into AlphaGen to support AI-driven energy growth
The Canadian pension fund takes a strategic minority stake in AlphaGen, a 11 GW U.S. power portfolio, to address rising electricity demand from data centres and artificial intelligence.
BlackRock and Canada Pension Plan finalise $6.2bn Allete buyout with Minnesota approval
Minnesota’s public regulator has approved the $6.2bn acquisition of energy group Allete by BlackRock and the Canada Pension Plan, following adjustments aimed at addressing rate concerns.
Clariant targeted by BP and ExxonMobil in ethylene case
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.
Statkraft sells its district heating business for NOK3.6bn to Nordic consortium
Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.
Petronas Gas separates regulated and non-regulated activities in major reorganisation
Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.
Marubeni creates power trading joint venture with SmartestEnergy in Japan
Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.
Exxon to cut up to 500 jobs in Singapore as part of global restructuring
Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
Phoenix Energy begins trading preferred shares on NYSE American under PHXE.P
Phoenix Energy raised $54.08mn through a preferred stock offering now listed as PHXE.P on NYSE American, with an initial dividend scheduled for mid-October.
TotalEnergies cuts investments while accelerating energy production
TotalEnergies plans to increase its energy production by 4% annually until 2030, while reducing global investments by $7.5bn amid what it describes as an uncertain economic environment.
Occidental in talks to sell OxyChem in a $10bn deal
Occidental Petroleum is considering selling its chemical subsidiary OxyChem for $10bn, a transaction that forms part of its deleveraging strategy launched after several major acquisitions.
ABO Energy considers operating its own wind and solar parks
ABO Energy is assessing a shift to independent power production by operating its own renewable parks, signalling a major strategic move in a market that has become more favourable.
Fortescue forges global industrial alliances to electrify its mining operations
Fortescue accelerates the decarbonisation of its operations by leveraging an international network of technology and industrial partners, targeting net zero at its mining sites by 2030.
Pemex approves partial debt buyback totalling $9.9bn
Mexican state-owned company Pemex confirmed the partial acceptance of bond securities under its debt repurchase offer, with a total allocation of $9.9bn, following strong oversubscription.
MET Group takes full control of Slovak subsidiary and enters Albania
Swiss energy company MET strengthens its footprint in Central and Southeast Europe with the full acquisition of MET Slovakia and the launch of a new operational subsidiary in Albania.
Gresham House acquires SUSI Partners to become a leading European energy player
UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.
Spruce Power cuts jobs and closes Denver office to save $20mn annually
Spruce Power launches an internal reorganisation aimed at reducing annual operating costs by $20mn, with the closure of its Denver office and a refocus on key initiatives to strengthen profitability.
TotalEnergies adjusts share buybacks and strengthens employee shareholding for 2026
TotalEnergies’ Board of Directors is adjusting its shareholder return strategy while consolidating its multi-energy growth and employee shareholding plan amid an uncertain energy and geopolitical landscape.
Fermi America signs two energy deals with Siemens Energy for 2 GW in 2026
Fermi America has signed two letters of intent with Siemens Energy to supply an additional 1.1 GW of gas turbines and collaborate on nuclear steam turbines as part of its 11 GW private energy campus dedicated to artificial intelligence.
Aker invests $285mn in Nscale and acquires 9.3% equity stake
Aker becomes one of Nscale’s largest shareholders following a $1.1bn funding round, reinforcing its exposure to large-scale artificial intelligence infrastructure.
TenneT secures equity funding for Germany via three European investors
TenneT Holding has reached an agreement with APG, GIC and NBIM to finance the expansion of the German high-voltage grid, securing its capital needs for the coming years.