Magseis scoops seismic survey deal in Saudi Arabia
- Business & Finance
Magseis, a Norwegian seismic survey company, has been awarded Saudi Aramco’s S78 project for large-scale ocean bottom seismic acquisition in the Red Sea.
Magseis won the contract together with its partner BGP.
The project has an expected duration of 9 months + 1 year and is expected to start during July 2016.
According to the seismic company, the survey features complicated surface and geological conditions with a combination of deep and shallow marine work.
Magseis did not provide further details about the contract, but only added that a DP 2 class vessel Artemis Athene, Magseis’ OBS vessel, will be used for the survey.