Spanish group Repsol provides technology for seismic surveying to Angola’s Sonangol

7 May 2013

Spanish group Repsol will provide Angolan oil group Sociedade Nacional de Combustíveis de Angola (Sonangol) with the tools for a seismic survey of the oil reserves in the so-called pre-salt layer, said on of the group’s technology officials.

Santiago Quesada Garmendia told financial news agency Reuters that under the terms of an agreement signed between the two companies, Sonangol’s engineers will have the right to use the advanced technology designed by Repsol, known as Caleidoscópio, which has been used to make large oil discoveries both in Brazil and the Gulf of Mexico.

Repsol, Garmendia said, would provide the tools, including the hardware and software and would train Sonangol staff to use it to survey oil reserves in the pre-salt layer.

This agreement is the first time Repsol has allowed another company in the sector to use its proprietary seismic survey tools.

Garmendia also told Reuters that 27 engineers from Sonangol would be trained at the group’s technological centre, in Madrid, to later carry out a seismic survey of the Kwanza basin, an area of the Angolan sea that has attracted the interest of the oil sector. (macauhub)