September 2, 2016 / 9:37 AM / in a year

BRIEF-BP, Rosneft and Schlumberger sign seismic research agreements

Sept 2 (Reuters) - BP Plc :

* Rosneft, BP and Schlumberger sign technology agreements

* Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development

* Rosneft will join as an equal partner in BP’s ongoing project with Schlumberger’s seismic business, WesternGeco, to develop innovative cableless onshore seismic acquisition technology

* Project envisages an initial two year period to complete development of a seismic acquisition system

* BP, Rosneft will have preferential access to technology for initial period, after which Schlumberger will have exclusive rights to market system Further company coverage: For full coverage please click: (Bengaluru Newsroom)

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