The Far Commander will be the first vessel to work on in the project, with two further vessels due to participate.
Survey operations will cover the Denise area offshore Port Said and Ras El Bar, with the initial area estimated at about 300 sq km. This phase is due to be completed by the end of 2026, and it will continue alongside preparations for subsequent phases in 2027.
OBN survey expands advanced seismic imaging across Gulf of Suez
SLB has also just signed a new contract to deploy OBN technology over GUPCO's concession areas in the central and southern Gulf of Suez, with work due to start next month.
Overall the project will cover a 1,035-sq-km area, the largest of its kind using OBN technology in the region, according to the Ministry.
The program, which will build on efforts to develop exploration activities in the Gulf of Suez, is a cooperation between EGPC and Dragon Oil, the investment partner in GUPCO.
Petroleum Minister Karim Badawi said the use of OBN technology in the Gulf of Suez had helped increasing drilling success rates from 26% to 80%. This new project, he added, will form an extension of a previous successful seismic survey phase.
He added that Dragon Oil's experience with modern technology had helped raise GUPCO's field production to its highest levels since 2019.