CGG cans seismic vessel deal with Eidesvik

Norwegian offshore vessel provider Eidesvik Offshore and French geophysical company CGG have agreed to terminate with immediate effect the contract for the seismic vessel Viking Vision.  

According to Eidesvik’s statement on Thursday, the contract was due to expire at the end of July 2017.

The shipping company said that payment of the charter rate will continue until July 2017 as in the current contract. The vessel, of a Vik og Sandvik design, has been in lay-up since mid-July 2016.

The Viking Vision was converted to a seismic research vessel in 2007 by Westcon. It was then hired by CGG for an eight-year period.

In 2011, the vessel got a two-year contract extension after Eidesvik and CGG Veritas set up a ship- management joint-venture to manage ten 3D vessels, including Viking Vision.

In related news, the French geophysical company said on Thursday it was awarded an extensive multi-client program by the Instituto Nacional de Petroleo (INP) to acquire seismic data offshore Mozambique.

Offshore Energy Today Staff