Awarded 4D OBN monitor survey in the Norwegian North Sea for Q3 2021

May 18, 2021

(Oslo, 18th May 2021) Magseis Fairfield has been awarded a 4D Ocean Bottom Node (OBN) monitor survey in the Norwegian North Sea. The survey is anticipated to start in the third quarter 2021, and have a duration of just under one month. The survey will be conducted using Magseis Fairfield’s MASS node technology.

“This award is a repeat project using our differentiated modular MASS technology. Importantly, it further adds to our backlog for this technology in the North Sea, and again highlights that our clients continue to execute key OBN seismic projects on their key assets,” says CEO Carel Hooijkaas.

For further information, please contact:

Mark Ivin, CFO
Tel: +47 948 88 606
Email: mark.ivin@magseisfairfield.com

Carel Hooijkaas, CEO
Tel: +47 480 49 277
Email: carel.hooijkaas@magseisfairfield.com

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Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System "MASS" nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.