The international arm of the Russian oil and gas company Lukoil, Lukoil Overseas started a 3D seismic survey over two blocks in the Romanian section of the Black Sea. This marks Lukoil’s first upstream operation in the EU.
The operation is being carried out by CGGVeritas in the East Rapsodia and Trident blocks, and involves the survey of 2,000 square kilometers that should be finalized by November. The blocks are located about 100 km offshore from Romania, where water depths range from 90 to 1,000 meters.
The project is part of a consortium, in which Lukoil Overseas has an 80-percent stake, while US Vanco International owns a 20-percent stake.
