Geoscience company CGG has agreed to terminate its charter of a seismic survey vessel owned by Norway’s Eidesvik Offshore.
The contract for Viking Vision had been due to terminate at the end of July 2017 but has been cancelled with immediate effect.
CGG will continue to pay the charter rate until July next year, as per the contract. The ship has been laid up for the past three months.
CGG bareboat-chartered Viking Vision for eight years in 2007. This contract was extended by a further two years in 2011 when Eidesvik and CGG Veritas formed a joint venture to manage ten 3D seismic survey vessels.
In other news, earlier today CGG announced it has won a multi-client contract from the Instituto Nacional de Petroleo (INP) to acquire seismic data in offshore Mozambique.