Woodside invests in emerging technology for seismic data acquisition
Woodside has signed a Shareholders Agreement with Perth-based Blue Ocean Monitoring Ltd (BOM) to invest in Blue Ocean Seismic Services Ltd (BOSS).
Woodside in a statement that BOSS is developing an innovative solution that has the “potential to make ocean bottom seismic data acquisition cheaper and more accessible”.
Seismic data is critical for understanding geological formations and the nature of hydrocarbon resources that may be contained within them. Current methods use remotely...