Norway’s TGS completes Red Sea seismic survey

Norway’s TGS has completed a 10,000-km 2D seismic survey along Egypt’s Red Sea border with Saudi Arabia and expects to deliver final data in December this year, Offshore Magazine reports. Schlumberger and TGS-NOPEC are two of five firms that were awarded contracts for scans in the area last year. Red Sea Governor Ahmed Abdallah had announced this week that preliminary seismic studies in the Red Sea indicated there were “huge amounts” of oil in the area that could exceed the magnitude of the Zohr gas field in the Mediterranean.