Magseis ASA has received Letter of Awards ("LOA") for an operation in South East Asia using proprietary MASS nodes. The project includes several major oil companies who has jointly designed the survey.
Per-Christian Grytnes, CEO comments:
"We are delighted to win this project which further strengthen Magseis' position as the industry leader with our MASS Modular technology".
The contract will commence in Q3 2018 and last for approximately 3 months.