Marine 3D Seismic Survey

$6 Million Marine 3D Seismic Survey agreement legal counsel

November 2010

Dr. ZEEV HOLENDER's senior partner, Itay Brafman, Adv., has been engaged in representation of a major player in the Israeli Oil & Gas industry, publicly traded on the Tel Aviv Stock Exchange (TASE) at multi-billion NIS total value, in a Marine 3D Sesmic Survey agreement for one of its petroleum exploration licenses located offshore Israel.

The seismic survey's goal is to assist in determining the license's area petroleum prospects. Adv. Brafman has represented the client in all stages of the drafting and negotiation proccess until successful execution of the agreement.  Marine 3D Seismic Survey contracts are a type of agreements unique to the niche of the offshore Oil & Gas exploration and the leading team of Dr. ZEEV HOLENDER has gained over the years a solid experience in representing its clients at this kind of engagements.