Viridien has signed an agreement with Malta to invest in an integrated multi-client dataset for the country’s offshore area. By revitalising existing seismic and well data, the project will advance understanding of Malta’s offshore petroleum…
Viridien has signed an agreement with Malta to invest in an integrated multi-client dataset for the country’s offshore area. By revitalising existing seismic and well data, the project will advance understanding of Malta’s offshore petroleum potential in the Central Mediterranean, said Viridien.
Viridien’s newly integrated dataset will provide a much clearer view of the petroleum systems and prospectivity of Malta’s offshore acreage, supporting future licensing activity and more informed investment decisions.
Dechun Lin, head of earth data, Viridien: ‘This agreement underscores our strategy of investing in high-impact, partnered projects that drive new exploration and future energy supply. Malta’s favourable geology and strategic location offer an exciting opportunity for E&P companies looking to capture emerging oil and gas potential in the Mediterranean.’