Magseis Bags Red Sea Survey

Norwegian ocean-bottom seismic specialist, Magseis, has secured a deal with BGP Arabia Co. Ltd for a pilot survey for the Saudi Arabian Oil Company (Saudi Aramco).

According to Magseis, the survey will be conducted in the Red Sea and should last until the end of February.

This is the company’s second job scooped for the first quarter, after a multi-client project in the Barents Sea. Magseis also won a contract with Chevron for seabed seismic acquisition in the UK sector of the North Sea that will start towards the end of the first quarter and will be conducted using the company’s proprietary MASS system and the vessel Artemis Athene.

Prior to the start of the Chevron project, the vessel is scheduled for one or more pilot surveys and the upgrade to 4500 sensor units.

The value of the contract hasn’t been announced, however, the Oslo-listed company said it expects Red Sea pilot survey to kick off soon.