Offshore staff

OSLO, Norway --SCAN Geophysical ASA has contracted V.Ships Management Ltd. to take on the marine management of SCAN's three newbuild 3D streamer vessels scheduled for 2008 launch. The agreement is for 10 years.

"We are very pleased to have one of the most experienced ship managers to operate SCAN's state-of-the-art vessels. With V.Ship's extensive experience with the oil and gas industry, they comply with SCAN's strict requirements for QHSE,"says Lars Johan Frigstad, president and CEO of SCAN. "With its network and offices worldwide, V.Ships will be able to operate our vessels in a most efficient way as well as provide high-quality marine crew, securing SCAN's efficient production together with SCAN's experienced seismic crew."

SCAN's new vessels are purpose built for 3D seismic acquisition with high streamer capacity of 10 tow points and streamer lengths of up to 10 km (6.2 mi) applies for up to 8 streamers), corresponding to a total capacity of 80 km (49.7 mi) streamers.

4/23/2007