Seabed Geosolutions has been awarded a series of 4D ocean bottom node (OBN) seismic monitoring surveys over multiple oil and gas fields in the U.S. Gulf of Mexico. The surveys, with a duration of around two months subject to final scope of work, will commence in the third quarter of 2018.

Stephan Midenet, CEO of Seabed Geosolutions commented, "With this recent award, we believe we have secured solid backlog for the CASE Abyss® crew and the Hugin Explorer vessel, while enabling us to work for a world class customer and placing our assets in a geographic market with substantial contracting opportunities. We are excited to be collaborating with this industry-leading customer for the first time in the Gulf of Mexico and look forward to a successful project."

Seabed Geosolutions supports the optimal development and production of oil and gas fields by providing high quality seismic data collected directly on the seabed. These data are used for detailed reservoir characterisation, monitoring of the impact of production and detection of potential geohazards. With its global footprint, Seabed Geosolutions is one of the largest seabed geophysical data acquisition service providers with the broadest range of technology solutions for projects in water depths up to 3,000 metres.

About Seabed Geosolutions

Seabed Geosolutions is 60% owned by Fugro (and 100% consolidated); the remaining 40% is owned by CGG.

About Fugro

Fugro is the world’s leading, independent provider of geo-intelligence and asset integrity solutions for large constructions, infrastructure and natural resources. We collect data on topography, soil composition and environmental conditions, both onshore and offshore. We organise the acquired data and add value through processing, interpretation and visualisation. In addition, we provide geo-related design, asset inspection and integrity advice. Our services play a critical role in the entire lifecycle of our clients’ construction and infrastructure projects.

Fugro works around the globe, predominantly in energy and infrastructure markets, employing approximately 11,500 employees in around 60 countries. Fugro is listed on Euronext Amsterdam.