Seabed Geosolutions Sells Entire OBC Recording Equipment

Seabed Geosolutions has signed a contract to sell its entire shallow water ocean bottom cable (OBC) recording equipment for around USD 10 million.

This equipment was used on a recently completed project for Abu Dhabi National Oil Company in the United Arab Emirates.

Stephan Midenet, CEO of Seabed Geosolutions said: “The sale of our last cable-based system completes the transformation of Seabed Geosolutions into a pure ocean bottom node (OBN) company. We are now largely focused around our Manta suite of technologies, comprised of both a proprietary node and deployment systems, and which has been designed to deliver leading efficiencies in all water depths.”

Seabed Geosolutions will continue to leverage its unrivaled shallow water expertise through innovative technology approaches and cost-effective business models, with a strong focus on the Middle East, the company concluded.

Share this article

Follow Subsea World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 31 1 2 3 4 5

M&CCE Expo Marine & Coastal Civil Engineering 2020

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

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >

Subsea Expo 2020

Subsea Expo is the world’s largest subsea exhibition and conference and is completely free to attend.

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >