Energy Ministry and ARGAS Ink Landmark 3D Seismic Survey Agreement.

Amman: The Ministry of Energy and Mineral Resources has entered into a significant agreement with the Arab Geophysical and Surveying Company (ARGAS) of the Saudi Public Investment Fund to conduct an extensive three-dimensional seismic survey spanning 4,285 square kilometers in Al-Jafr. This initiative marks Jordan's largest deep seismic survey to date, aimed at enhancing the country's subsurface geological understanding to support future oil and gas exploration. According to Jordan News Agency, the survey is funded by revenue from the Hamza oil field and aligns with the Economic Modernization Vision (2023-2025) for the development of the energy and mining sector. Minister of Energy and Mineral Resources, Saleh Kharabsheh, and ARGAS CEO, Moath Al Rawi, who formalized the agreement, highlighted the importance of this initiative as the inaugural phase of geophysical surveys across the Kingdom. Kharabsheh expressed optimism about the eight-month project, describing it as a foundation for expanded agreements and potential discoveries. Al Rawi emphasized ARGAS's commitment to applying world-class standards and contributing to Jordan's energy sector through expertise cultivated over 60 years in global geophysical survey projects. The survey is expected to attract international interest in Jordan's natural resources, enhance the development of local energy, and create approximately 400 job opportunities, according to Bahjat Adwan, Director of Natural Resources Projects at the ministry. He noted that the project complements ongoing efforts in the Hamza field and Sarhan development areas to increase reliance on local energy sources. ARGAS, which secured the JD21 million bid to execute the survey, specializes in advanced geophysical surveys for natural resource exploration on both land and sea. With an office established in Jordan, the company aims to foster foreign investment in Jordan's energy and mining sectors.