Seabird Receives LOA for Seismic Work Offshore Africa

Business & Finance

Seabird Receives LOA for Seismic Work in Africa

A Cyprus-based seismic specialist SeaBird Exploration PLC SeaBird Exploration PLC has received a Letter of Award for a major contract of 3D seismic work from a major oil company offshore Sub Sahara Africa.

The contract represents a value in the range of US$ 11-12 million. The work will commence in early Q2 2012 and has an expected duration of several months. Seabird will use the 4-streamer vessel Voyager Explorer for the work.

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Offshore Energy Today Staff, February 27, 2012; Image: Seabird Exploration PLC