Nordic Business Report-April 12, 2006-Reservoir Exploration Technology AS receives seismic data contract from Statoil ASA
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The Norwegian seismic company Reservoir Exploration Technology AS said on Tuesday (11 April) that it has received a letter of intent for a seismic contract from Norwegian oil company Statoil ASA.
The proposed contract covers the acquisition of 4C seismic data with the vessel Ocean Pearl.
The contract is valued at USD7-8m over six weeks.
One US dollar (USD) is worth approximately 0.57 British pounds (GBP).
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