Seabed Geosolutions to focus on OBN seismic technologies

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

The company will focus on its Manta ocean bottom node technology.
The company will focus on its Manta ocean bottom node technology.
(Courtesy Seabed Geosolutions)

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

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