Seabed Geosolutions announces that it has signed a contract to sell the entirety of its shallow water ocean bottom cable (OBC) recording equipment for around US$ 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: ’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 unrivalled shallow water expertise through innovative technology approaches and cost-effective business models, with a strong focus on the Middle East.
Seabed Geosolutions utilizes the most versatile and efficient ocean bottom node (OBN) technology in water depths to 3000 meters including our field-proven, next generation technology, Manta®. We continue to invest in R&D to ensure the best, most efficient technologies are available to our global client base.
Manta, a single four-component (4-C) ocean bottom node technology, was designed to work safely in all marine environments. This modular system delivers superior geophysical illumination with flexibility for dense inline surveys from transition zones to intermediate depths, and sparse geometry surveys in deeper waters.
The company is based in Leidschendam, The Netherlands.
(Source: Seabed Geosolutions)