Magseis, BGP ink Red Sea extension

Published

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

Current News

Shell to Take 30% Stake in Equinor's Bay du Nord Project off Canada

Shell to Take 30% Stake in Equ

Transocean Adds $1.1B to Offshore Drilling Backlog

Transocean Adds $1.1B to Offsh

Gennaker Offshore Substations Depart for Baltic Sea Installation (Video)

Gennaker Offshore Substations

Valeura Starts Wassana Platform Installation Offshore Thailand

Valeura Starts Wassana Platfor

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine