CGG Releases New Southeast Asia CCS Study

Tuesday, February 20, 2024

French marine seismic firm CGG has released a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing CCUS market.

The study ranks and prioritizes opportunities at large scale across 58 basins in Indonesia, Malaysia, Thailand and Vietnam, covering a total surface area of over 6 million km2, to help streamline the process for identifying the best basins and plays for potential carbon storage.

The study and its associated data are available to license now, according to CGG.

The Southeast Asia Carbon Storage Study is a new addition to CGG’s continually growing GeoVerse Carbon Storage portfolio which already includes studies for the North Sea and US Gulf of Mexico.

Developed by experts from CGG’s Carbon Storage, Geology and Data Hub teams, the data-rich studies provide a clear and reliable assessment of storage potential based on a proprietary quantitative and qualitative criteria-based screening methodology which assesses deep subsurface features and the above-ground context.

“The release of this carbon storage screening study comes at a time of accelerated growth in the Southeast Asia CCUS market and will provide operators with accurate and critical subsurface information for rapid insight and decision-making.

“With this strategic addition to our growing portfolio of carbon storage screening studies, CGG is expanding its footprint and experience in all active CCUS hubs around the globe,” said Dechun Lin, EVP Earth Data, CGG.

Categories: Subsea Industry News Activity Asia CCS

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