Offshore News – AGS enters the Brazilian OBN market on a $ 4 million contract – 27.08.2019

Axxis Geo Solutions (AGS) has signed a contract for source work in Brazil with minimum value of USD 4 million with SAExploration. The initial contract is minimum three vessel months including mobilization and demobilization which is compensated for.

The vessel NEPTUNE NAIAD owned by AGS , will be transferred from the North Sea for commencement of Ocean Bottom Node (OBN) operations in Brazil in October. The vessel is a field proven, reliable and efficient dual and triple source vessel that has worked continuously on OBN projects since mid 2017.

She was built in 2002 in Guangzhou at China and homeported at Fosnavaag in Norway (NIS).

‘We are able to continue safe and reliable operations in the North Sea, while entering a new and growing market with our OBN source vessel in Brazil. This is a good example of how we are able to utilize our flexible asset-light operational model to provide fit-for-purpose solutions to our customers and partners.’, says Lee Parker, CEO of Axxis Geo Solutions.

All images are back to 26 and 27th June, 2019.

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