Magseis looking to hire offshore vessel with seismic equipment

Norwegian geophysical company Magseis has entered into a letter of intent with an unnamed provider of offshore vessels regarding a potential vessel charter. 

Magseis said in a statement on Tuesday that such agreement includes an option for the lease of certain seismic equipment. However, the company did not reveal any further details about the vessel provider nor the assignment for which the vessel will be hired.

The company further said it expects that its first quarter 2017 revenues will be at least in line with the last quarter of 2016.

With the recent announcement of an extension to the ongoing survey in the Red Sea, Magseis’ backlog now amounts to more than $65 million for 2017. Therefore, the company is ready to embark on its previously announced expansion plans, Magseis noted.

The geophysical company also added that its board will consider the potential equipment financing in its evaluation of alternatives.

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply