Gore Verbinski is set to direct an adaptation of Take-Two’s hugely popular videogame title Bioshock. According to Variety, this is the first project in the recent three-year first-look deal that the director signed with Universal Pictures.

The Aviator screenwriter John Logan is adapting the story for the big screen. The events in the film will revolve around a mysterious event that happens to the underwater world known as Rapture. Verbinski stated, “The people here have a genuine passion for filmmaking and a deep appreciation of the cinematic experience. I look forward to taking my own productivity up a notch both as a producer and director, by building a brand that will focus on my core business while synergizing multiple forms of entertainment.”

A sequel to the videogame is being produced for release in 2009, and will make its appearance before the film is finished shooting. The film is looking at a potential 2010 release date.