iSURVEY signs drilling hazard survey deal with Lundin
- Business & Finance
iSURVEY, a provider of survey and positioning services, has signed a drilling hazard survey contract with Swedish oil company Lundin Petroleum.
iSURVEY said that this was one of the company’s most significant contracts to date.
Namely, the deal with Lundin entails drilling hazard surveys in the North Sea and in the Barents Sea.
The work under the contracts will begin in June with a seabed geological survey and continues with the series of drilling hazard surveys, planned to continue into the autumn.
The company added that the contract was a result of longstanding collaboration between the two companies, together with iSURVEY’s expertise in applying new technology in combination with the charter of modern vessels with low energy consumption and NOx emissions.
Øivind Røegh, CEO of the iSURVEY, said: “It is a clear demonstration of our commitment to make the iSURVEY group a provider of the full spectrum of offshore survey and positioning services.”
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