Magseis Inks Its First MASS Nodes Lease Deal

Magseis said it has been awarded a smaller contract for the lease of its proprietary marine autonomous seismic system (MASS) nodes for a project in South East Asia.

The Norwegian seabed seismic services player said it will mobilise a light handling system and field technicians for the project.

Per-Christian Grytnes, Magseis CEO said: “We are delighted with entering into our first lease agreement. It is a major first step in adding further flexibility to our business model.

“The MASS node is highly competitive and we are further broadening deployment capabilities to enable more projects with low OPEX and attractive economics.”

According to the company, the contract will start during Q1 2018.

Share this article

Follow Subsea World News

Events>

<< Apr 2020 >>
MTWTFSS
30 31 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 1 2 3

9th Annual Submarine Power Cable and Interconnection Forum

This year’s Advance Submarine Power Cable and Interconnection conference will focus on the cutting edge thinking that is emerging across…

read more >

The 24th Annual PNEC Conference & Exhibition

The 24th annual PNEC Conference and Exhibition  will bring together the industry thought leaders and technology providers that enable the management…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

M&CCE Expo Marine & Coastal Civil Engineering 2020

This conferences, events, demos, and competitions provide a productive background buzz throughout M&CCE…

read more >