Geotrace and Prospectiuni form strategic alliance

Geotrace Technologies Inc. and Prospectiuni SA

Geotrace Technologies Inc. and Prospectiuni SA have formed a strategic alliance providing processing and interpretation services to exploration and production (E&P) companies in Southeastern Europe. The venture will operate within Prospectiuni’s Bucharest headquarters.

The partnership will capitalize on Prospectiuni’s seismic data processing and interpretation services, and on Geotrace’s seismic imaging technology and reservoir services.

“This venture expands the Geotrace branded subsurface imaging into Eastern Europe,” said Bill Schrom, CEO of Geotrace. “When these technologies are combined with Prospectiuni’s excellence in service and support, you have a situation that can’t be matched in the region.”


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...