Published by Todd Bush on October 28, 2024
France-based geophysical services company Viridien, formerly known as CGG, and American oilfield services company SLB have partnered for the first time in Australia to gather data into the exploration and carbon storage potential of the Bonaparte Basin.

>> In Other News: DOE Announces $518 Million Investment to Bolster Carbon Storage Infrastructure
Viridien reported on October 24 that the partners had completed data acquisition for a multi-client survey in the Bonaparte Basin off the North West Coast of Australia, which received industry support and prefunding.
The ~6,760-square kilometer ultramodern PSDM seismic data set is expected to provide a thorough evaluation of this highly prospective and underexplored area to improve industry understanding, Viridien said.
The data is being processed and the final data will be available in Q2 2025.
Dechun Lin, EVP, Earth Data at Viridien, said: “We are delighted to have partnered with SLB for the first time in Australia to successfully complete this large data acquisition project. The new high-quality data set will give interested players greater insight into the exploration and carbon storage potential of this promising area. We will continue to look for opportunities to invest in the country.”
According to Viridien, the complex geological area has been historically challenging to image due to the presence of carbonates and the shallow water.
The survey will provide modern, high-quality data over an area lacking recent, or any 3D data. The data also partially covers a carbon storage block, recently awarded as permit G-13-AP.
The survey deployed Sercel Sentinel MS multi-component streamers and the Sercel QuietSea marine mammal monitoring system.
To remind, this summer, following over 90 years of history, CGG rebranded into Viridien with the wish of accelerating its growth as an advanced technology company. Since this strategy was announced in 2018, the company has divested its data acquisition activities and increased the differentiation in its core businesses of geoscience, earth data and sensing & monitoring.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔧 Utilities Seek to Bypass Low-Level Hydrogen Blending Demo, Citing Proven Safety 🌍 EU Sets World’s First Voluntary Standard for Permanent Carbon Removals ✈️ Cathay Achieves Anot...
Inside This Issue 🛫 New US Powerhouse: XCF Global, DevvStream & Southern Merge for SAF Scale ⛏️ Carbon Capture, ‘Rare Earth’ From Coal Among Projects Poised to Get $11.7M in State Grants 🗺️ Ca...
Inside This Issue 🧪 Why Bill Gates Bet $40M on This Carbon Capture Lab ⛏️ Max Power Prepares to Drill Second Natural Hydrogen Well as Program Expands 325 km SW of Lawson Discovery 💰 Trafigura-Back...
Terradot Acquires Eion to Form Leading Global Enhanced Rock Weathering Carbon Removal Platform
Terradot, an enhanced rock weathering (ERW) carbon removal company, today announced it has agreed to acquire assets of Eion, a U.S.-based ERW company known for pioneering olivine-based deployments ...
Clean Fuels Welcomes Proposed 45Z Rules
WASHINGTON, DC – Today, Clean Fuels Alliance America welcomed Treasury’s proposed rules for the 45Z Clean Fuel Production Credit, issued through the IRS. While the credit has been available since J...
pHathom Technologies Surpasses $12M Committed Capital with Closure of Seed Financing Round
HALIFAX, Nova Scotia -- pHathom Technologies, a climate technology company developing carbon capture solutions for existing coastal bioenergy and industrial facilities, today announced the closing ...
Growing Demand for Hydrogen Creates Opportunities for Appalachian Manufacturers
With abundant natural gas and a ready manufacturing base, Appalachia is positioned to be a leader in blue hydrogen production The hydrogen economy has transitioned to an emerging market. Appalachi...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.