Seabed Geosolutions scores $90M contract in Brazil

Seabed Geosolutions has reportedly been awarded an ocean bottom seismic survey contract in Brazil.

The company, a joint venture between CGG and Fugro, has secured a contract with Petrobras for work in the Santos Basin, offshore Brazil.

The contract, worth $90 million, is expected to start in late 2017, or in early 2018.

Stephan Midenet, CEO of Seabed Geosolutions said: “We are very pleased to partner again with Petrobras to acquire the industry’s largest ever OBN survey, spanning more than 1,600 km2. We will deploy our new Manta© technology on this high-profile project, delivering a breakthrough in efficiency of ocean bottom surveys.

“We are confident that our crew, in close cooperation with Petrobras, will be setting new safety, data quality and efficiency standards for deep-water nodal surveys allowing for cost effective acquisition in both large scale and 4D projects.”