Seabed Geosolutions has signed a contract to sell its entire shallow water ocean bottom cable (OBC) recording equipment for around $10 million as the company repositions itself to provide purely ocean bottom node solutions.
Seabed Geosolutions has signed a contract to sell its entire shallow water ocean bottom cable (OBC) recording equipment for around $10 million as the company repositions itself to provide purely ocean bottom node solutions.
The OBC equipment was used on a recently completed project for Abu Dhabi National Oil Company in the United Arab Emirates.
Stephan Midenet, CEO of Seabed Geosolutions said: ‘The sale of our last cable-based system completes the transformation of Seabed Geosolutions into a pure ocean bottom node (OBN) company. We are now largely focused around our Manta suite of technologies, comprised of both a proprietary node and deployment systems, and which has been designed to deliver leading efficiencies in all water depths.’
Meanwhile, Seabed Geosolutions has won a contract for another 3D ocean bottom node (OBN) survey in an active area of the US Gulf of Mexico for a major energy company.
The project will use Seabed Geosolutions’ Hugin Explorer vessel, equipped with CASE Abyss nodes that will be deployed by remotely operated vehicles. The survey, which will be performed in 2000 m water depths, will start in the coming months and take approximately three months to complete. The letter of intent includes an option for another survey.
