25/05/2018

ROSGEO and S.A. BEICIP-FRANLAB signed a Memorandum of Understanding

JSC ROSGEO and S.A. BEICIP-FRANLAB (France) signed a Memorandum of Understanding at the St. Petersburg International Economic Forum. The document was signed by the general directors of the companies Roman Panov and Jean Burrus.

The subject of the Memorandum is long-term cooperation of the parties in the field of rendering a full range of consulting services related to geological exploration, processing, reprocessing and interpretation of geophysical data. The possibilities of cooperation in regard to performing seismic surveys onshore, in transit zones, in shallow waters and deep water areas, in basin modeling and regional study will be also considered in order to identify prospective areas for exploration drilling, in constructing hydrodynamic and statistical deposit models.

“Beicip-Franlab is one of the world's leading companies in the development of software technologies for the oil and gas industry”, Roman Panov said. “One of the priorities of ROSGEO today is to improve the methods used, increase their efficiency, innovations. It is impossible to achieve this without interacting with world leaders. At the same time, we are sure that we will also have something to offer the partner: the holding's enterprises have accumulated a rather extensive scope of inventions and ideas, the development of which we intend to continue in the future.”

 

Beicip-Franlab is one of the world's leading companies providing consulting and related services, and developing software technologies for the oil and gas industry. The company has extensive experience in various areas of activity - from comprehensive geological exploration and assessment of oil and gas bearing capacity, development and exploitation of fields to services in the economics and project management.

 RG-Inform, Press Center of ROSGEO JSC

ROSGEO is a Russian multi-industry geological holding company, which offers a full range of geological exploration services from regional surveys to stratigraphic drilling and subsoil monitoring. The holding company boasts unique expertise, particularly in marine geology and shelf operations.

ROSGEO was established by Decree No. 957 of the President of the Russian Federation dated 15 July 2011 on the basis of Tsentrgeologia, one of the oldest exploration companies in Russia. ROSGEO is a fully state-owned company.

The enterprises within the holding company operate in eight federal districts of Russia. ROSGEO has enterprises located across the country. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields such as the Astrakhan field (2.5 trillion cubic meters of natural gas), the Tengiz field (3.1 billion tonnes of oil), the Kovykta field (1.9 trillion cubic meters of natural gas), the Sukhoi Log deposit (about 2,000 tonnes of gold), the Kursk Magnetic Anomaly, and many others.

 ROSGEO’s subsidiaries have rich experience in implementing projects abroad: dozens of new fields and deposits have been discovered in Asia, Europe, Africa, and Latin America.

 ROSGEO clients include such companies as Gazprom, Rosneft, Lukoil, Severstal, MMC Norilsk Nickel, Itera, NLMK, Sibuglemet, BP, Chevron, and many others.