Madagascar: Spectrum wins data brokerage rights

State oil authority Office des Mines Nationales et des Industries Stratégiques has signed an agreement giving Spectrum ASA exclusive brokerage rights to more than 69,000km of vintage seismic data for offshore and onshore areas. The agreement also grants Spectrum the right to reprocess the various datasets and to license them to oil companies on a multi-client basis. Spectrum’s existing library in the region includes 3,626km of recently reprocessed pre-stack time migration (PSTM) data over the Morondava/Majunga basins to the west, 1,440km of PSTM data over the lle Sainte Marie area in the east, and a further 622km in the south over the Cap Sainte Marie.