This morning Magseis announced that we have been awarded a new contract by ConocoPhillips in the North Sea. For the first time, Magseis will operate two simultaneous operations; one ongoing cable operation in the Red Sea with Artemis Athene and the upcoming ROV-node deployment operation in the North Sea.
Magseis has previously deployed MASS nodes with ROV on the Captain Field on the UK shelf, and this will be the first project where we will deploy close to 3,000 nodes from another vessel than Artemis Athene. In total we plan to operate a total of 7,000 nodes by the summer of 2017. The project with ConocoPhillips is the first project where we are working with the operator to utilise vessels of opportunity and demonstrate our commitment towards working with our clients to bring the cost of seabed seismic data acquisition down.
Bjørn Jensen, COO comments:
“Our first full scale ROV project marks a significant milestone for us and is an important step towards capitalising on our unique position in the market with a flexible and portable solution, tailor-made for a growing trend in the market and future deep water projects. The small size, ultra-compact design and light weight of the MASS node has allowed us to develop an industry leading ROV capability which is easily scalable for large or small operations”.