Offshore staff
OSLO, Norway – Magseis Fairfield has won a large ocean bottom node survey contract in Asia from an undisclosed client.
The five-month survey is scheduled to start in 4Q 2021. The survey will be performed using Z700 node technology.
CEO Carel Hooijkaas said: “With this significant contract award, we have expanded our presence beyond our core areas of the North Sea and the Gulf of Mexico into Asia, where we expect to see more OBN surveys in the years to come…
“The revenue generation from this project will reflect that it requires our full Z700 inventory and two node handling vessels and will therefore be equivalent to 10 single node handling vessel acquisition months. As the project will be executed during the winter months in the fourth quarter 2021 and the first quarter 2022, we maintain our Z700 crew availability for the 2022 North Sea season.”
08/13/2021
