Magseis Fairfield receives conditional award of OBN contract in Asia

July 25, 2022

(Oslo, 25 July 2022) We are pleased to announce a conditional award of a 4D Ocean Bottom Node (OBN) project in Asia from a repeat customer. The project is scheduled to be conducted with Magseis Fairfield’s MASS technology and is expected to take approximately one month.

“We are pleased to see continued interest in our services in the SE Asia market and expect to conduct this job in Q4” says Carel Hooijkaas, CEO in Magseis Fairfield.

This information is considered to include inside information pursuant to article 7 of the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by André Bjørvik, SVP Corporate Communication, at the date and time as set out above.

For further information, please contact:

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

Stig Hognestad, CFO
Tel: +47 902 59 040
Email: stig.hognestad@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.