Seabed Geosolutions has secured a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil. The project is to be acquired in water depths greater than 2,200m and the baseline survey is scheduled to commence in the second quarter of 2021. The total combined duration of the two surveys is estimated around eight months.
Stephan Midenet, CEO of Seabed Geosolutions commented: “We are delighted to be awarded another high profile, deep water OBN project in Brazil. We are honored by the renewed confidence expressed by our clients for what will be our sixth project in Brazil, a core OBN market. We are confident that our proprietary OBN technology, coupled with our extensive expertise in Brazil, will again aid in illuminating our client’s objectives with superior data quality needed to meet their development goals.”
This press release contains information that qualifies or may qualify as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
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bericht na 16.00 uur d.d. 15 okt. 2020
Response to speculation
The Board of Management of Fugro N.V. (“Fugro”) notes the speculation in relation to Fugro's discussions with respect to a potential refinancing including a potential equity offering. The Board of Management of Fugro confirms that it is in advanced discussions with its financing banks and potential investors. Fugro intends to release its Q3 trading update in due course and will provide an update at that point. This press release provides no certainty as to whether the parties will reach an agreement, or that a refinancing or equity offering will take place.
Further announcements will be made if and when required.