Magseis Fairfield announces the conditional award of a 4D Ocean Bottom Node (OBN) survey in the North Sea.
Magseis Fairfield announces the award of a 4D OBN survey in the Gulf of Mexico from a repeat customer. The survey will be conducted with Magseis Fairfield’s ZXPLR technology. Start-up is expected in Q1 2022, and the project will run for approximately five months, with options for extensions.
Mark Ivin, Chief Financial Officer (CFO) in Magseis Fairfield ASA, has today, on 29 October 2021 sold 19 020 shares in Magseis Fairfield ASA at a price of NOK 4.00 per share.
Magseis Fairfield reported revenue of USD 84.3 million and a gross margin of 30% in the third quarter 2021, driven mainly by higher crew utilization, improved project mix, overall strong project execution, and continued cash cost management.
Magseis Fairfield ASA will release its third quarter results on Friday, October 29th 2021 at approximately 07:00 Central European Summer Time (CEST).
Magseis Fairfield has entered a strategic collaboration with PGS to address the growing hybrid towed streamer and OBN seismic market.
Magseis Renewables AS will attend Global Offshore Wind 2021 conference in London 29-30 September. Hope to see you there.
The Echova OBN platform is another industry first by Magseis Fairfield. The Echova platform is different from existing OBN systems in that it encompasses the total customer workflow from planning to acquisition, and finally processing.
In conjunction with Pareto Securities’ 28th Energy Conference, Magseis Fairfield, (OSE ticker code: “MSEIS”), today holds a presentation in Oslo, Norway. The presentation will be held by CEO Carel Hooijkaas.