Magseis Fairfield Signs LoI for Caspian Sea Contract

Magseis Fairfield has signed a Letter of Intent (LoI) for the lease of a Z700 node crew, which includes nodes, auxiliary equipment and service personnel for a six-month period in the Caspian Sea. The contract will commence in the first quarter 2020 when the nodes have been released from an ongoing survey.

'Magseis Fairfield is proud to be the preferred technology provider for yet another ocean bottom seismic (OBS) survey. This demonstrates the company’s strong position in the global OBS market and our flexible business model with sales, leases and node operations,' says Per Christian Grytnes, Magseis Fairfield CEO.