Schlumberger announced that Statoil Gulf of Mexico LLC has signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase.

“We are pleased to have the opportunity to collaborate with Statoil in this breakthrough project, which is the first WAZ multiclient broadband survey in Mexican waters of the Gulf of Mexico,” said Maurice Nessim, president, WesternGeco. “The complexity of the geology in the Campeche requires wide-azimuth acquisition to image the subsalt effectively, and we are bringing all of our experience gained in the US Gulf of Mexico to deliver enhanced subsalt imaging to our clients.”

A fleet of eight vessels is conducting the survey in the Bay of Campeche for the three-year project. The project follows the Mexican government opening licensing rounds to non-government companies for the first time.

For further information about the Schlumberger multiclient surveys, visit www.multiclient.slb.com/mexico.

About Schlumberger

Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 105,000 people representing over 140 nationalities and working in approximately 85 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $48.58 billion in 2014.

About Statoil

Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in 36 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway, with approximately 23,000 employees worldwide, and are listed on the Oslo and New York stock exchanges.