Bulletin Updates

New to offshore E&P: Learning it the hard way – 25 Apr 2025

Apr 25, 2025

This is what happens when you are new to offshore E&P

This offshore survey tender underwent a dramatic transformation, with water depths for two key blocks quietly revised from shallow 100m zones to ultra-deep ranges exceeding 3000m.

This tectonic correction led to a threefold increase in survey grid size, from 1.5 km² to 3 km², forcing bidders to recalibrate vessel specs, sensor depths, and cost assumptions.

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