Petrobras and Shearwater have announced a five-year memorandum of understanding (MOU) for joint development and execution of scientific research and technology innovation within seismic processing and acquisition. The agreement is focused on improving data quality, value, and efficiency of seismic acquisition projects.
The MOU aims to support Petrobras’ and Shearwater’s joint effort to innovate technologies that enhance insights to the subsurface and increase the value of data while also reducing the time, cost, and environmental impact of seismic acquisition projects. “This co-operation seeks to bolster our ongoing engagement in geophysical R&D and innovation, thereby accelerating the exploration and development of energy resources. By leveraging advanced technologies together, we aim to significantly enhance geophysical technologies and achieve superior operational efficiency, ultimately driving innovation and sustainability within the industry,” said Roberta Mendes, General Manager of R&D&I at Petrobras.
Shearwater is thrilled about this new collaboration with Petrobras, a company that shares its commitment to seismic research and innovation. “We are excited to broaden our collaboration with Petrobras,” said Irene Basili, CEO of Shearwater. “Shearwater is a company driven by curiosity and the desire to answer questions, explore, and accelerate the responsible use of resources.” Petrobras is committed to creating long-term value for both companies by collaborating with Shearwater in developing new technologies that will help improve data quality, value, efficiency of seismic acquisition projects.
