SeaBird Bags Contract Extension

Laxman Pai
Monday, March 2, 2020

The global provider of marine acquisition for 2D/3D and 4D seismic data Seabird Exploration announced that it has secured an extension for the charter contract of its research vessel Petrel Explorer.

The charter period will now be fixed until 31 May 2020, it said in a press note.

Furthermore, SeaBird has received indicative bid interest from a prospective buyer of the vessel.

"Given the positive market backdrop, the company`s preferred strategy for the vessel is to maintain exposure through the current charter party. However, pending further extensions, the company may seek a new owner for the vessel," said the release.

SeaBird specializes in operations within the high end of the source vessel and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main focus for the company is proprietary seismic surveys (contract seismic).

Categories: Subsea Research Charter Research Vessels 3D Survey

Related Stories

Asso.subsea Introduces Marine Technology Business Unit

Asso.subsea Introduces Marine Technology Business Unit

Eidesvik, Agalas and Reach Subsea Order New Dual-Fuel Hybrid CSV

Eidesvik, Agalas and Reach Subsea Order New Dual-Fuel Hybrid CSV

Scana’s Seasystems Hooks Mooring Deal for FLNG Scheme

Scana’s Seasystems Hooks Mooring Deal for FLNG Scheme

Current News

Asso.subsea Introduces Marine Technology Business Unit

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

Vår Energi Picks Operator for Offshore Helicopter Services in Norway

Spain to Open First Offshore Wind Tender Later in 2025

Subscribe for OE Digital E‑News

Offshore Engineer Magazine