11/06/2018 | Press release | Distributed by Public on 11/06/2018 05:03
In the framework of the development of Madagascar's oil and gas potential, the Malagasy State through OMNIS continues to promote projects that attract new private investment in the short, medium and long term. OMNIS, together with TGS and BGP, has worked to create an attractive environment for offshore exploration.
Exploration in Madagascar began in the early 1900s with the discovery of hydrocarbon-rich sedimentary basins in the west, including the Tsimiroro heavy oil field and the Bemolanga tar sands. After over 100 years of exploration, the offshore of this frontier region remains largely under-explored. The Island shares a maritime boundary with Mozambique, a hydrocarbon province where large quantities of natural gas have been discovered.
Studies conducted on new data, in collaboration with TGS and BGP, suggest there is significant potential for future discoveries offshore.
The announcement will be made by Voahangy Nirina Radarson, Director General of OMNIS at 12.45 on Tuesday 6th November 2018 in the NOC Prospect Forum, Meeting Room 4. Lunch will be provided.
For more information please contact [email protected] or go to www.madagascarlicensinground2018.com.
About the Companies
OMNIS' Mission is to implement the national policy on oil and mining exploration and exploitation; to value basic geological data; and to foster partnerships with foreign oil and mining companies. Their activities include: Partnership development; Technical and administrative assistance; Provision of pre-requisite data for oil exploration, mines and uranium mines in Madagascar; Technical and administrative follow-up; Audit; Drilling; Mineralogical processing and analyses; Biostratigraphic, stratigraphic and sedimentological studies; Geochemical and physicochemical analyses (Coal, Jatropha and Hydrocarbons).
BGP is one of the world's leading geophysical service companies, delivering a wide range of technologies, services and equipment to the oil and gas industry worldwide. BGP is engaged in seismic data acquisition, processing, interpretation, reservoir geophysics, borehole seismic, micro-seis mic, GME and multi-client surveys, equipment manufacturing and software R&D.