SeaBird Exploration clinches OBN survey contract

Cyprus-based seismic service provider SeaBird Exploration has secured a letter of intent for the exclusive provision of source vessel services for an OBN survey in the Eastern Hemisphere.

The survey is expected to commence in the first quarter of 2020, with an approximate duration of 60 – 90 days.

Seabird currently operates a fleet of six survey vessels. The company reported a 68% utilisation rate of its fleet in the third quarter of this year, up from 55% during the same period of 2018. It also plans to restructure its organisation to be project-based and geared towards operating 3-4 vessels operating in OBN source and 2-3vessels in niche 3D and 2D.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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