Equinor renews Magseis Fairfield’s reservoir monitoring deal
- Business & Finance
Equinor has renewed Magseis Fairfield’s management and operational contractual relationship for the permanent reservoir monitoring (PRM) containerized source for the Snorre and Grane fields located offshore Norway, for a further four years.
The system, designed and delivered in 2013, has been operated by Magseis Fairfield acquiring 4D surveys twice a year over both Equinor assets, according to Magseis Fairfield’s statement on Monday.
The contractual relationship under the Equinor framework agreement extends the existing scope of operations by adding the ability to utilize the system over multiple assets in different configurations, the company explained.
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