Seabed Geosolutions secures a project
16 Jun 2021 - Upstream Costs and Technology | Headline Analysis
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Lopamudra DeLopamudra DeResearch Analyst 1 (Upstream Cost and Technology)

Fugro subsidiary Seabed Geosolutions has received a project from an undisclosed company for an ocean bottom node (OBN) project in the Americas.

The project work is expected to begin in the fourth quarter of 2021 after the fulfilment of the current crew commitment in Brazil.

Subject to closing the expected divestment of Seabed Geosolutions to PXGEO, anticipated for mid-2021, this project will be accomplished by PXGEO.