Magseis, BGP ink Red Sea extension

OE Staff
Friday, March 17, 2017

Magseis and BGP have been awarded an extension to the ongoing contract with BGP Arabia and Saudi Aramco to acquire additional ocean bottom seismic data block in the Red Sea.

The project has an expected duration of six-seven months and is expected to start in April 2017. The survey features complicated surface and geological conditions with a combination of deep and shallow marine work.

The combination of Magseis' ocean bottom seismic (OBS) technology (MASS) and BGP's transition zone expertise ensured the extension to the consortium. M/V Artemis Athene, Magseis' OBS vessel, will be used for the survey.

Magseis CEO Idar Horstad said: "We are very pleased to receive this new award that demonstrates our ability to deliver large and complex projects. We view this as a sign of confidence from our end-client Saudi Aramco and a confirmation of the high-quality product that our joint operation delivers."

Read more about the latest ocean bottom node technology: Starting from the (ocean) bottom

Categories: Geoscience Geophysics Seismic

Related Stories

Argeo Lands Woodside Energy’s Calypso Survey

Norway Clears TGS and PGS Merger

Equinor Picks DNV to Verify Substation for South Korean Offshore Wind Farm

Current News

Hess Sets Date for Shareholder Vote on Chevron Merger

US Releases Offshore Wind Liftoff Report and Promises Funding

US Interior Department Finalizes Offshore Renewable Energy Rule

US Plans 12 Offshore Wind Auctions Over Five Years

Subscribe for OE Digital E‑News