Belorusneft seismic project named best in Ecuador

Belarus’ state-run oil company Belorusneft has become a laureate of the annual contest held by the reputable Ecuadoran journal Oil&Gas Year. The Belarusian company won the Best Seismic Project 2014 Award for its oil exploration project in Ecuador’s eastern oil field, BelTA learned from Belorusneft.

The document on oil exploration was signed by Belorusneft a year ago. It has been the first project of the Belarusian oil company in Ecuador. The project envisages 3D seismic exploration works on the area of 1,500 square kilometers. Part of the exploration works will be conducted on the territory of Yasuni National Park. It is not only an important biological reserve, but also home to two indigenous tribes who opted for isolation. Taking into consideration these factors, the environmental requirements to the seismic exploration project were very tough. However, Belorusneft was able to meet all the requirements and thus won the Best Seismic Project 2014 Award. Awards in other nominations were given to state-run oil companies EP Petroecuador and Petroamazonas.

According to the press service, the journal Oil&Gas Year is a branch of the world’s most reputable edition specializing in the oil industry Oil&Gas Journal that has been published in the United States of America since 1902. The journal is designed for company heads, scientists and specialists working in the oil industry. The journal boasts an extensive database. The information has been collected and processed by the OGJ research center for a century already and is considered official data in many countries of the world. Oil&Gas Journal pays much attention to technologies and business processes in all the segments of the industry, as well as to market analysis, dominant trends, forecasts, state regulations and legislation.