Magseis Fairfield Sells OBN to Asian Client

OE Staff
Monday, February 17, 2020

Magseis Fairfield, a marine seismic acquisition company specializing in Ocean Bottom Node surveys, has signed a system sales contract for the delivery of Z100-nodes to an existing client in Asia. 

The Oslo-listed surveyor said the delivery complemented the unnamed client’s existing Z100 system "and enhances their ability to execute large scale transition zone and shallow water Ocean Bottom Node surveys."

Magseis Fairfield CEO Carel Hooijkaas: “While our current operations are focused on deep-water surveys, this award goes to show that we also offer competitive node systems for shallow-water surveys through our technology sales and lease business."

The contract will be filled with an immediate shipment of the first half of the total volume of nodes from inventory and through the delivery of the second half of total volume from new-built nodes in the second quarter 2020.

"This is a profitable addition to our near-term backlog. It remains a top priority for us to continue to rebuild the backlog with healthy projects in all four of our business lines; Data Acquisition, Reservoir Monitoring/Source, Technology sales and lease, and Multi-Client services," Hooijkaas said.

Categories: Technology Geoscience Subsea Asia Hardware Seismic

Related Stories

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Yinson Production Closes $1B Investment to Drive Further Growth

Wood JV Gets EPC Job for Shell off Brunei

Fugro Expands Geotechnical Testing Capabilities in Indonesia

UK Firm Secures Exploration Extension for Two Blocks off Vietnam

CNOOC Starts Production at Offshore Field in South China Sea

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Fugro Lands Deepwater Gas Field Job in Southeast Asia

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

Current News

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com