SeaBird to deploy ‘Osprey Explorer’ for survey off West Africa

  • Business & Finance

SeaBird Exploration, a marine seismic acquisition provider, has signed an agreement to provide a source vessel for an upcoming survey in West Africa.

SeaBird said on Monday in an Oslo Stock Exchange filing that the project was anticipated to begin during the first quarter of 2018 and would have a duration of approximately 60 days.

According to the company, the Osprey Explorer vessel will be used for the project but no further details were revealed about it.

The last time Offshore Energy Today reported the Osprey Explorer, it was related to a survey in South America in the third quarter of 2017.

The 1985-built vessel joined SeaBird’s fleet in August 2006 after being converted to 2D long offset/source vessel in Poland.

In recent news, SeaBird terminated an agreement for the charter of the Munin Explorer seismic vessel. The company entered into a settlement agreement with Ordinat Shipping, the owners of Munin Explorer, for the termination of the charter party agreement and re-delivery of the vessel.

The company estimated that the transaction would save in excess of $2 million over the term of the contract, including the forgiveness of the $2.4 million charter hire payment due June 30, 2020.

Offshore Energy Today Staff

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