Moscow, September 14, 2020 — Yuzhmorgeologiya JSC (a subsidiary of Rosgeo), jointly with an Indonesian company Elnusa TBK, has successfully completed the field operations under a large-scale project on the geophysical surveys of the geological structure at the continental shelf in the Republic of Indonesia following the contract with the state oil company Pertamina.

The whole scope of geophysical works included over 30 000 linear km with 2D SRM CDP seismic operations conducted by Elnusa TBK, and gravimetric and magnetometric surveying executed by Yuzhmorgeologiya. The seismic research vessel Elsa Regent started the expedition in November 2019 and finished it in August 2020. The results of the field geophysical surveys should be transmitted for processing and geological interpretation.

“Our team has successfully overcome all the challenges and complexities of this elaborate and worthwhile project in Indonesia. Under pandemic circumstances with the closed borders, without an opportunity for the crew to be shifted, our experts continued high performance of works without a break even for a day during the whole six months period, — Yegor Krasinsky, the managing director of Yuzhmorgeologiya, emphasized. — The customer was completely satisfied with the high quality of the received materials and noticed the professionalism of our company. The representatives of the Indonesian party expressed the willingness to continue our mutually beneficial and fruitful cooperation.”

Background: For information:

Elnusa TBK is a subsidiary of Indonesian public oil and gas company Pertamina. It was established in 1969 to service the communication and navigation equipment at Pertamina ships. Currently, it specializes in geophysical surveying, including onshore, offshore and transition areas seismic exploration; provides services for drilling oil and gas wells, including those for offshore; and offers a wide range of oilfield services for the oil and gas deposits operations.

«RosGeo» is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations. 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. RosGeo is a fully state-owned company.