In January 2020, Geowave Technology signed a memorandum of understanding (MOU) with Delft Inversion (DI). DI a Dutch company providing a range of proprietary service in WEB AVO Inversion services.

Delft Inversion provides the next-generation seismic inversion technology to de-risk and optimize hydrocarbon exploration and field development projects while having impact on the production of assets through its time-lapse products.

WEB-AVO, a wave-equation based, AVO technology has been developed by the founders of Delft Inversion over a period of more than 10 R&D years at Delft University of Technology. During the first years after establishing Delft Inversion, the WEB-AVO technology was successfully applied in close collaboration with oil and gas operators to a wide range of business challenges in different geological plays around the globe.

The unique technological features of WEB-AVO led to many satisfied project partners and consequently allowed us to form and grow an experienced team with unrivaled expertise in this next generation seismic reservoir characterization technology.

By today everybody at Delft Inversion shares one vision: Creating an edge for our clients and partners in the E&P, geothermal and CO2 storage industries by utilizing our unique technology portfolio.

We are excited to represent Delft Inversion in Indonesia and look forward to collaborating with them as we believe that this partnership can bring significant value to both companies.