Axxis Geo Solutions has entered into a Letter of Intent (LOI) to start a large OBN survey in the fourth quarter of 2019.
The planned survey has an estimated scope of 28 vessel months, utilizing two source vessels and two receiver vessels.
“ This LOI confirms AGS’ ability to continue to be awarded non North Sea season work by utilizing it’s unique asset-light operational model coupled with best in class operational excellence demonstrated in recent campaigns by our dedicated crew personnel, ” says Lee Parker , CEO of AGS.
AGS is currently working on a Multi-Client survey with TGS in the North Sea, which is expected to be completed during the third quarter 2019.