Magseis is pleased to announce that it has recovered the last sensor on the 4D seabed seismic survey in the North Sea. This marks the successful completion of the first large-scale survey conducted with Magseis’ modular ROV-crew.
Commenting on the completion of the survey, Magseis CEO Idar Horstad said: “This proves the efficiency of our modular-ROV based concept. We believe the concept holds significant potential for our clients in conducting more cost-efficient and flexible 4D surveys. Magseis is now actively marketing the crew across several regions”.
This information is subject of the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act
For further information, please contact:
Idar Horstad, CEO
Tel: +47 91 53 62 58
Mikkel Ektvedt, CFO
Tel: +47 91 84 84 88