Magseis has together with is partner, BGP, been awarded an extension to the ongoing contract with BGP Arabia and Saudi Aramco to acquire additional ocean bottom seismic data in the Red Sea.
The new survey has an expected duration of more than seven months and will begin in January 2018.
The survey features a combination of deep and shallow marine work. M/V Artemis Athene, Magseis’ OBS vessel, will be used for the survey.
Magseis’ interim CEO, Per Christian Grytnes, said: “We are very pleased to receive this new award that demonstrates our ability to deliver large and complex projects. We view this as a sign of confidence from our end client Saudi Aramco and a confirmation of the high-quality product that our joint operation delivers.”