Magseis Fairfield has received an award of a large OBN project in Guyana from ExxonMobil

Wednesday 17 August 2022

Magseis Fairfield announce that they have signed an agreement with ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (“EEPGL”), for a large Ocean Bottom Node (OBN) project offshore Guyana. The project is expected to be conducted using our ZXPLR technology and last for minimum 14 months.

“We are very pleased to have been awarded this large OBN project, which potentially sets the stage for other projects in this region.” 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.