Seabed Geosolutions Wins OBN Project Off Brazil

Business & Finance

Seabed Geosolutions, a joint venture between Fugro and CGG, has been awarded a contract to provide a 3D ocean bottom node (OBN) survey in 2000 meters of water in the Santos Basin, offshore Brazil.

The 410-square-kilometers-survey, which has a contract value of over $50 million, will be performed for, what Fugro says, a prominent energy company using Seabed Geosolutions’ Manta OBN technology and remotely operated vehicles.

The four-component (4C) project will begin in the second quarter of 2020 and will take around 4 months to complete.

Stephan Midenet, CEO of Seabed Geosolutions, said: “We are excited to work with a pioneer in ocean-bottom technologies to deploy our new Manta technology, which has been recently and successfully used offshore Brazil for Petrobras on the Buzios field to deliver exceptional data quality. The survey data, which will be used to inform the area’s subsurface, will be acquired over an area of significant discoveries.