Seabed Geosolutions to focus on OBN seismic technologies

Nov. 13, 2019
Fugro subsidiary Seabed Geosolutions has agreed to sell its entire shallow water ocean bottom cable recording equipment spread for around $10 million.

Offshore staff

LEIDSCHENDAM, the Netherlands – Fugro subsidiary Seabed Geosolutions has agreed to sell its entire shallow water ocean bottom cable (OBC) recording equipment spread for around $10 million.

The equipment was used recently on a project offshore the UAE for ADNOC.

CEO Stephan Midenet said the sale “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.”

The company plans to retain a strong shallow-water focus in the Middle East.

11/13/2019