ION and Guide in a partnership deal

ION and Guide Geoscience Technologies formed Geophysical Alliance for advanced seismic data processing services for North Africa

ION Geophysical Corp., Houston, and Guide Geoscience Technologies, a Cairo -based seismic data processing company, have formed an alliance to provide advanced imaging and reservoir-related services to E&P companies operating in North Africa.

The alliance will combine the technological strengths of Ion’s GX Technology Imaging Solutions group and the regional expertise of Guide. Through that blending, the Guide-Ion imaging center in Cairo will be able to deliver a wide-range of advanced seismic processing services for 2-D, 3-D, land, marine and transition zone data. The center has been equipped with the latest Linux-based server hardware and advanced data processing technology provided by Ion. The Cairo seismic processing facility is staffed by Guide geophysicists supported by GX Technology experts in state-of-the-art data processing equipment, algorithms and workflows.

“We believe that the collective processing experience of Guide and GXT, including our advanced technologies and specialist personnel, will offer our clients in the region the highest quality seismic images available,” stated Nick Bernitsas, Senior Vice President of ION GXT Imaging Solutions during the signing ceremony held in Cairo. “This partnership displays our commitment to expand the global reach of our processing capabilities so they are readily accessible to our clients in key petroleum centers around the world.”

ION is a leading provider of geophysical technology, services, and solutions for the global oil and gas industry. ION’s offerings allow E&P operators to obtain higher resolution images of the subsurface to reduce the risk of exploration and reservoir development, and enable seismic contractors to acquire geophysical data more efficiently.
Dr. Adel Nasser, Guide CEO, said, “Our business is a very risky one. And the remaining oil is very difficult to find in the deepwater and layers. So, technology is the best way to manage this risky business”.

“We look forward to leveraging this major business opportunity and bringing GXT’s experience and expertise to North Africa. Since GGT was established in 2005, we have rapidly expanded in the highly competitive Egyptian market. Developing business strategies based on technical excellence and the understanding of customer’s needs has allowed us to tackle the most complex imaging projects in the region. The new Guide-ION venture will be a valuable asset for the further expansion of GXT and Guide in Egypt and throughout the North Africa region,” Nasser added.

Guide Geoscience Technologies specialize in seismic data processing and integrated high-end geophysical technologies used in oil & gas exploration and development. Guide offers a unique geophysical expertise through the integration of state-of-the-art analysis, solutions, and world-class expertise to improve the integrity of seismic data, enhance hydrocarbon production, and find additional reserves in mature fields.

By: Ahmed Morsy


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