BP today announced a $10 million research collaboration project involving five Brazilian and three British universities.
The project, aimed at improving the understanding of the formation of the Parnaíba basin in Northeast Brazil, will combine deep crustal seismic reflection data, seismology and geological fieldwork.
Starting with seismic acquisition, it will involve students from the Universities of Brasilia, the Federal Universities of Rio Grande do Norte, Pernambuco and Bahia, and the Brazilian National Observatory in Brazil, and the Universities of Aberdeen, Cambridge and Oxford in the UK.
The project was launched during a visit to Brazil by the British Prime Minister, David Cameron and signed by Dr. Mike Daly, BP Executive Vice-President and José Geraldo de Sousa Junior, President of theUniversity of Brasilia.
“Brazil and the UK are committed to building on our already excellent relationship in science, research and higher education,” commented David Willetts, British Minister of State for Universities and Science. “This new agreement will further strengthen our ties — and bring more opportunities for our leading scientists, universities and businesses to collaborate and learn from one another, driving up knowledge and skills in both our countries.”
“We believe the Parnaíba basin represents an excellent laboratory to understand cratonic basins in general and deepen the understanding of the mechanisms which drive them,” said Dr. Mike Daly, BP Executive Vice-President.
“The seismic data acquired by BP will be interpreted along with other geophysical and geological data, building on the expertise from the Brazil and UK scientists involved in the project to create an integrated geological view and understanding of the basin´s oil and gas potential.”