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Viridien Awarded a Three-Year Contract by Petroleum Development Oman for Dedicated Seismic Processing Services

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Viridien has secured a three-year contract from Petroleum Development Oman (PDO) to provide advanced land seismic imaging services at its dedicated processing center in Muscat, Oman. The contract extends an existing partnership between the companies.

The Muscat center, Viridien's largest dedicated processing center globally, will deploy proprietary algorithms to enhance PDO's seismic data quality. The project will address challenges including complex near-surface conditions and strong multiples through high-resolution velocity model building and elastic full-waveform inversion.

The scope includes managing increased data density, developing land 4D monitoring, and strengthening synergies between seismic imaging and reservoir characterization. Viridien's HPC & Cloud Solutions team will provide high-performance computing capacity to support advanced workflows. The company maintains its commitment to In-Country Value initiatives in Oman, focusing on talent development and education through university partnerships.

Viridien ha ottenuto un contratto triennale da Petroleum Development Oman (PDO) per fornire servizi avanzati di imaging sismico terrestre presso il suo centro di elaborazione dedicato a Muscat, Oman. Il contratto estende una partnership esistente tra le aziende.

Il centro di Muscat, il più grande centro di elaborazione dedicato di Viridien a livello globale, utilizzerà algoritmi proprietari per migliorare la qualità dei dati sismici di PDO. Il progetto affronterà sfide tra cui condizioni complesse nel vicino sottosuolo e multipli forti, attraverso la costruzione di modelli di velocità ad alta risoluzione e l'inversione elastica a forma d'onda completa.

Il campo di applicazione include la gestione di una maggiore densità di dati, lo sviluppo di monitoraggio terrestre 4D e il rafforzamento delle sinergie tra l'imaging sismico e la caratterizzazione dei giacimenti. Il team HPC & Cloud Solutions di Viridien fornirà capacità di calcolo ad alte prestazioni per supportare flussi di lavoro avanzati. L'azienda mantiene il suo impegno verso le iniziative di Valore In-Country in Oman, concentrandosi sullo sviluppo del talento e sull'istruzione attraverso partnership universitarie.

Viridien ha asegurado un contrato de tres años con Petroleum Development Oman (PDO) para proporcionar servicios avanzados de imagen sísmica terrestre en su centro de procesamiento dedicado en Muscat, Omán. El contrato amplía una asociación existente entre las empresas.

El centro de Muscat, el centro de procesamiento dedicado más grande de Viridien a nivel mundial, implementará algoritmos propios para mejorar la calidad de los datos sísmicos de PDO. El proyecto abordará desafíos como condiciones complejas en la superficie cercana y potentes múltiplos mediante la construcción de modelos de velocidad de alta resolución e inversión de forma de onda completa elástica.

El alcance incluye la gestión de una mayor densidad de datos, el desarrollo de monitoreo terrestre 4D y el fortalecimiento de sinergias entre la imagen sísmica y la caracterización de reservorios. El equipo de Soluciones HPC & Cloud de Viridien proporcionará capacidad de computación de alto rendimiento para respaldar flujos de trabajo avanzados. La empresa mantiene su compromiso con las iniciativas de Valor en el País en Omán, enfocándose en el desarrollo del talento y la educación a través de asociaciones universitarias.

ViridienPetroleum Development Oman (PDO)으로부터 3년 계약을 체결하여 오만 무스카트에 있는 전용 처리 센터에서 고급 육상 탄성 이미징 서비스를 제공하게 됩니다. 이 계약은 두 회사 간의 기존 파트너십을 확장합니다.

무스카트 센터는 Viridien의 전 세계에서 가장 큰 전용 처리 센터로, PDO의 탄성 데이터 품질을 높이기 위해 독점 알고리즘을 배포할 것입니다. 이 프로젝트는 복잡한 지표면 조건과 강력한 다중 현상을 다루기 위해 고해상도 속도 모델 구축 및 탄성 전체 파형 변환을 통해 문제를 해결할 예정입니다.

범위에는 데이터 밀도 증가 관리, 육상 4D 모니터링 개발, 탄성 이미징과 저수지 특성화 간의 시너지 강화가 포함됩니다. Viridien의 HPC 및 클라우드 솔루션 팀은 고성능 컴퓨팅 용량을 제공하여 고급 작업 흐름을 지원할 것입니다. 이 회사는 오만에서 인재 개발 및 교육을 대학 파트너십을 통해 집중하는 In-Country Value 이니셔티브에 대한 약속을 유지하고 있습니다.

Viridien a obtenu un contrat de trois ans de Petroleum Development Oman (PDO) pour fournir des services avancés d'imagerie sismique terrestre dans son centre de traitement dédié à Mascate, Oman. Le contrat prolonge un partenariat existant entre les entreprises.

Le centre de Mascate, le plus grand centre de traitement dédié de Viridien au niveau mondial, déploiera des algorithmes propriétaires pour améliorer la qualité des données sismiques de PDO. Le projet abordera des défis tels que des conditions complexes à la surface proche et des multiples forts grâce à une construction de modèles de vitesse haute résolution et à une inversion élastique en onde complète.

Le champ d'application comprend la gestion d'une densité de données accrue, le développement de la surveillance terrestre 4D et le renforcement des synergies entre l'imagerie sismique et la caractérisation des réservoirs. L'équipe HPC & Cloud Solutions de Viridien fournira une capacité de calcul haute performance pour soutenir des flux de travail avancés. L'entreprise maintient son engagement envers les initiatives de valeur locale à Oman, en se concentrant sur le développement des talents et l'éducation à travers des partenariats universitaires.

Viridien hat einen Drei-Jahres-Vertrag mit Petroleum Development Oman (PDO) abgeschlossen, um in seinem speziellen Verarbeitungszentrum in Muscat, Oman, fortschrittliche landbasierte seismische Bildgebungsdienste bereitzustellen. Der Vertrag erweitert eine bestehende Partnerschaft zwischen den Unternehmen.

Das Muscat-Zentrum, das größte dedizierte Verarbeitungszentrum von Viridien weltweit, wird proprietäre Algorithmen einsetzen, um die Qualität der seismischen Daten von PDO zu verbessern. Das Projekt wird Herausforderungen wie komplexen oberflächennahen Bedingungen und starken Mehrfach-Effekten durch den Aufbau hochauflösender Geschwindigkeitsmodelle und elastische Vollwelleninversion angehen.

Der Umfang umfasst die Verwaltung einer erhöhten Datendichte, die Entwicklung von landbasiertem 4D-Monitoring und die Stärkung der Synergien zwischen der seismischen Bildgebung und der Reservoircharakterisierung. Das HPC- und Cloud-Lösungsteam von Viridien wird eine Hochleistungsrechenkapazität bereitstellen, um fortschrittliche Arbeitsabläufe zu unterstützen. Das Unternehmen hält sein Engagement für In-Country-Value-Initiativen in Oman aufrecht und konzentriert sich auf die Talententwicklung und Bildung durch Universitätskooperationen.

Positive
  • Secured new three-year contract with PDO
  • Continuation of existing strategic partnership
  • Project leverages company's largest dedicated processing center globally
Negative
  • None.

Insights

The awarded three-year contract with Petroleum Development Oman represents a strategic win for Viridien, reinforcing their market leadership in advanced seismic imaging services. The continuation of this partnership is particularly significant as PDO is Oman's largest hydrocarbon producer, controlling over 90% of the country's crude oil reserves.

The contract's value extends beyond immediate revenue generation through several key aspects:

  • The deployment of elastic full-waveform inversion technology and high-resolution velocity modeling positions Viridien at the forefront of solving complex geological challenges, creating substantial barriers to entry for competitors
  • The commitment to expanding High-Performance Computing capabilities suggests a scalable infrastructure investment that could support additional contract wins in the region
  • The In-Country Value initiatives and university partnerships create a sustainable competitive advantage through local talent development and strengthened governmental relationships

From a market perspective, this contract renewal demonstrates Viridien's ability to retain high-value clients in a competitive environment where seismic data processing capabilities are increasingly critical for efficient hydrocarbon extraction. The focus on developing land 4D monitoring capabilities also indicates potential future revenue streams as the industry moves toward more sophisticated reservoir management techniques.

Paris, France – January 28, 2025

Viridien has been awarded a three-year contract by Petroleum Development Oman (PDO) to provide advanced land seismic imaging services at its dedicated processing center (DPC) in Muscat, Oman. This new contract continues a longstanding collaborative partnership between Viridien and PDO.

Viridien geophysical experts at the Muscat center, its largest DPC worldwide, will work to deploy the most advanced proprietary algorithms to bring step-changes in image quality to PDO’s ever-growing library of seismic data. Oman land data is characterized by complex near-surface conditions and strong multiples. High-resolution velocity model building, and elastic full-waveform inversion will be key to overcoming these challenges and to enhancing subsurface understanding. Viridien also will address new challenges, such as increased data density, developing land 4D monitoring and reinforcing synergies between seismic imaging and reservoir characterization. To support these capabilities, Viridien HPC & Cloud Solutions specialists will deliver the in-house High-Performance Computing (HPC) capacity required to implement the most advanced workflows.

Viridien remains committed to its significant In-Country Value initiatives within Oman that promote talent development, education, and outreach through close ties with local universities.

Sophie Zurquiyah, CEO, Viridien, said: "Congratulations to our Muscat DPC team whose technical excellence and outstanding service have led to this new contract award. We will build on this success, by continuing to advance our geoscience and HPC technologies to address PDO’s unique E&P challenges and support their business objectives.”

About Viridien:

Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).

Contacts

Investor Relations

Jean-Baptiste Roussille
Tel: + 33 6 14 51 09 88
E-Mail: jean-baptiste.roussille@viridiengroup.com

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FAQ

What is the duration and scope of Viridien's new contract with PDO?

Viridien has been awarded a three-year contract to provide advanced land seismic imaging services at its dedicated processing center in Muscat, Oman for Petroleum Development Oman.

What technical challenges will Viridien address in the PDO project?

Viridien will address complex near-surface conditions, strong multiples, increased data density, and land 4D monitoring through high-resolution velocity model building and elastic full-waveform inversion.

Where is Viridien's largest dedicated processing center located?

Viridien's largest dedicated processing center (DPC) is located in Muscat, Oman.

What local initiatives is Viridien maintaining in Oman?

Viridien maintains In-Country Value initiatives in Oman focused on talent development, education, and outreach through partnerships with local universities.

What technology will Viridien use for the PDO contract?

Viridien will use proprietary algorithms, high-performance computing (HPC) capacity, and advanced workflows for seismic imaging and reservoir characterization.

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