Offshore staff

BERGEN, Norway --Wavefield Inseis ASA is adding another vessel to its fleet while adding backlog to its North Sea seismic work.
The Malene Østervold is being converted in Norway and is expected to be operational in June 2007 acquiring a series of 2D projects in the North Sea. The vessel is suited to long offset 2D and small 3D acquisition, Wavefield says. It will be equipped with new Sercel SEAL streamers (1 x 12,000 m or 2 x 6,000 m, or 1 x 39,370 ft and 2 x 19,685 ft) and dual Bolt airgun source arrays.
Wavefield also has a 2007 North Sea work backlog of more than $45 million. The work includes various 3D and 2D projects in both the UK and Norwegian sectors to be acquired between May and September 2007.

This backlog is in additional to the previously announced 10 months of 3D and 4D work in the North Sea that has been awarded by Statoil and which will be acquired by the Geowave Commander and Geowave Champion.

"We are extremely pleased to have secured this additional North Sea work giving us backlog for the whole fleet up to the fourth quarter of this year, to achieve this by moving the planned start-up of our wide-azimuth Gulf of Mexico 3D project into the fourth quarter."

4/12/2007