Gulf Oil and Gas accountACCOUNT

Magseis Awarded Contract Extension for New OBS Survey in the Red Sea

Source: www.gulfoilandgas.com 12/5/2017, Location: Middle East

Share |
Magseis has together with is partner, BGP, been awarded an extension to the ongoing contract with BGP Arabia and Saudi Aramco to acquire additional ocean bottom seismic data in the Red Sea.

The new survey has an expected duration of more than seven months and will commence in January 2018. The survey features complicated surface and geological conditions with a combination of deep and shallow marine work. The combination of Magseis' 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.

Commenting on the award, Magseis' interim CEO Per Christian Grytnes 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".

This information is subject of the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act

Seismic survey News in Saudi Arabia >>

Morocco >>  12/14/2017 - Sound Energy is pleased to confirm that, further to the announcement on 20 November 2017, it has now completed the first phase of the 2D seismic and m...
Iraq >>  12/13/2017 - LUKOIL has signed contracts with Iraqi state owned Oil Exploration Company on the performance of seismic surveys. They will be held at the earlier dis...

Australia >>  12/12/2017 - Santos entered into an agreement to partially fund and operate a 3D seismic survey over the exciting, undrilled Beehive prospect, earning the company ...
Mozambique >>  12/8/2017 - Spectrum announces the commencement of a 2D seismic survey offshore Mozambique on behalf of the Institute of National Petroleum (INP) and in anticipat...

Indonesia >>  12/6/2017 - PGS reports that the seismic vessel PGS Apollo has completed a triple source MultiClient 3D survey in North Madura and is now available for other acqu...
Saudi Arabia >>  12/5/2017 - Magseis has together with is partner, BGP, been awarded an extension to the ongoing contract with BGP Arabia and Saudi Aramco to acquire additional oc...

Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 |

More News

 

Oil & Gas Companies in Saudi Arabia >>


Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Privacy Policy.