Other stories: Top 10 billion dollar oil deals of the summer | 2009’s winners and losers in the oil industry | 10 events in oil’s history that shook the world | Top 10 Gulf mega projects | Top 10 largest publicly traded oil companies | Top 10 National Oil Companies by production | World’s 10 largest oilfield services companies | World’s 10 largest oil and gas contractors
Oman’s Ministry of Oil has signed a deal with the oilfields services giant Halliburton that will see the company establish the Seismic Phase of Oman Oil & Gas Data Repository (OGDR).
Oman’s government news agency said that the contract will see Halliburton provide and install hardware, software and provide services, as well as, populate and operate OGDR with Seismic Data. Halliburton will also provide maintenance and support services throughout the contract term.
Halliburton are also contracted to provide full training to Ministry staff with a view to
eventually transferring all responsibility for providing the service to the Ministry of Oil and Gas.
“It is important to highlight that Seismic Phase is the first phase towards the OGDR project which aims to preserve all significant data in the course of performing exploration and production activities in the Sultanate in order to enable optimum exploitation of hydrocarbon resources,” a statement said.
“This will enable the data available quickly and efficiently and will enforce industry standards, provide guidelines for operators submitting data to the Ministry,” it added
The value of the contract was not disclosed.