Magseis Renewables AS, a wholly owned subsidiary of Magseis Fairfield ASA, has secured a data acquisition contract for a CCS monitoring project in the North Sea.
Following TGS ASA acquiring majority of the Magseis Fairfield ASA shares and corresponding change of control, all outstanding stock units from the Long Term Incentive Program (“LTIP”) have been concluded and settled in cash at a price of NOK 8.08 per share
Reference is made to the stock exchange announcement made earlier today regarding the award of a 4D OBN project in the North Sea with options for additional work. Magseis Fairfield announce that we have signed an agreement for an additional project to be covered as part of the program
Magseis Fairfield announce that we have signed an agreement with a repeat customer for a 4D OBN project in the North Sea with options for additional work
TGS is today launching a mandatory offer to acquire all the shares in Magseis Fairfield that are not already owned by TGS
Magseis Fairfield ASA announces that the extraordinary general meeting was held today on Thursday 3 November 2022 at 15:00 (CET)
Reference is made to the announcement on 13 October 2022 regarding extraordinary general meeting of Magseis Fairfield ASA. The Company has received a proposal from a minority shareholder for an additional member of the new board.
Magseis Fairfield reported revenue of USD 99.3 million and an EBITDA of USD 8.2 million in the third quarter of 2022.
Magseis Fairfield ASA will release its third quarter 2022 results on Tuesday 1 November 2022 at approximately 07:00 Central European Time (CET)