
Thursday, November 10, 2016
SAExploration was awarded a contract for seismic data acquisition services in West Africa. The contract is valued at around $35 million. The award is for a 3D deep water ocean-bottom marine project offshore West Africa. SAE expects to start the project in late 2016 and complete it in Q1 2017.
This project will be performed using an advanced remotely-operated-vehicle deployment method in conjunction with ocean-bottom nodal seismic recording technology equipped to successfully operate in water depths ranging from zero to 3,000 meters deep.
SAE will utilize its currently available equipment and other external resources to execute the project with no new capital expenditures required.