Kitron enters MASS nodes production agreement with Magseis
- Business & Finance
Electronics manufacturing company Kitron has entered into an agreement with Norwegian geophysical company Magseis to manufacture its Marine Autonomous Seismic System (MASS) nodes.
Kitron said on Wednesday that the contract awarded by Magseis was for the supply of electronics, high-level assembly, and system testing of the MASS nodes.
Production will take place at Kitron’s plant in Arendal, Norway, and the contract is valid for three years with an option to extend.
Israel Losada Salvador, COO and sales director of Kitron, said: “This contract provides renewed growth in Kitron’s Offshore/Maritime market sector. There are several opportunities between our two companies beyond the agreement that has just been signed, and the cooperation will strengthen Kitron’s position as one of Scandinavia’s leading EMS companies.”
Magseis specializes in ocean bottom seismic (OBS) acquisition, a market that shows steady growth. The company has developed its proprietary, autonomous MASS nodes and fully automated handling system, and uses them to acquire seismic data for clients.
Most recently, Magseis signed a letter of intent with BGP Offshore, a subsidiary of China National Petroleum Company, for the sale of 17,000 MASS I ocean bottom seismic nodes and four MASS modular handling systems.
The company also received a letter of intent for its first-ever OBS survey in the Americas using the nodes.