Magseis ASA Awarded Contract with ConocoPhillips
Thursday 8 December 2016
Magseis ASA has been awarded contract with ConocoPhillips in the North Sea
Magseis has been awarded a contract from ConocoPhillips for a full azimuth 4D seabed seismic acquisition survey in the North Sea using the company’s proprietary MASS system. Magseis will mobilise a second, ROV-based crew for the project. The duration of the contract is estimated at approximately 3 months inclusive of mobilisation to the prospect and will commence during Q2 2017.
This information is subject of the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.