Magseis Fairfield awarded OBN contract in Gulf of Mexico

January 21, 2022

(Oslo/Houston, 21 January 2022) Reference is made to the announcement published on the 3rd of December 2021, where Magseis Fairfield announced the award of a 4D Ocean Bottom Node (OBN) survey in the US Gulf of Mexico for a repeat customer, with an option for an additional project.

We are pleased to announce that the customer has now exercised the optional project, which is scheduled to start in Q2 2022 and run for approximately two months. The survey will be conducted with Magseis Fairfield’s ZXPLR technology.

“We are pleased to provide our services to this repeat customer over one of their key assets in the deep-water Gulf of Mexico. This further strengthen our backlog for 2022.”says Carel Hooijkaas, CEO in Magseis Fairfield.

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@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.