Magseis wins survey work and signs Shell JV

Magseis wins survey work and signs Shell JV

Seismic specialist Magseis has been awarded a new survey for seabed seismic acquisition outside the North Sea utilising survey vessel Artemis Athene.

The crew will mobilise the ship directly from a recently completed survey in the Barents Sea. The new job will commence before the end of the year and take approximately 4 and a half months.

Magseis also announced that is has entered into an agreement with Shell Global Solutions International for the further joint development of a system to deploy the company’s MASS technology in ultra-deep water. The agreement regulates the further work leading up to a full-scale pilot test which is planned for completion early in 2016 and commercial deployment early 2017.

“The agreement marks an important milestone in our work to capitalize on the unique characteristics of our sensors (small size, low cost, depth rated to 3000 metres) in order to supply highly efficient ocean bottom seismic (“OBS”) acquisition in ultra-deep water with the positioning accuracy required for 4D work. This system will be an important add-on to our product portfolio and, based on the feedback from clients, we believe it holds great commercial potential,” said Ivar Gimse, CEO of Magseis.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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