SpectrumData said the Sri Lankan Government bought the data, consisting of significant oil exploration studies recorded in Sri Lankan coastal waters, from Norwegian company TGS-NOPEC, for a reported $US8.5 million ($A10.8 million).
Under the agreement, SpectrumData will provide services to duplicate the geoscientific data onto 3590 media tapes and distribute it to interested exploration companies.
Chief executive officer Guy Holmes said the project showcases SpectrumData’s “strength and expertise” in global off site seismic data storage and retrieval for exploration organisations.
“Not only are we able to securely archive and store data in our climate controlled data vault, we are also able to recover and transcribe data from a wide range of media formats and migrate the data to newer formats of media for easy access and use,” Holmes said.
“We have a very comprehensive range of seismic data management services on offer.”
The data acquired by the Sri Lankan Government will be held at SpectrumData’s premises at the Australian Data Management Centre in Technology Park, Bentley in Western Australia.
Holmes said the newly installed “state of the art” vault will house the seismic data in an environmentally controlled and secure environment, which was designed specifically for magnetic media storage.
SpectrumData said it is also in the process of finalising agreements with “several other” international governments and exploration companies to begin similar seismic data management projects abroad.
It said an Indonesian office is due to open in Jakarta in December, followed by a New Zealand office in January 2007.
