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Geowave News

13 Nov 2018

SeaBird Takes Delivery of Seismic Vessel from CGG

Norwegian seismic surveyor SeaBird Exploration said it had taken delivery of the Geowave Voyager from France's CGG, and the vessel has been renamed Eagle Explorer.The vessel was acquired fully rigged with 40km streamer and dual source, for $17 million and a NOK 120 million private placement.As part of the purchase agreement, SeaBird will have a preferred supplier status with CGG when using the Eagle Explorer.SeaBird and CGG have entered into a 160-day contract for the vessel, operating as a source vessel, with options for CGG to extend.The vessel will go to work starting in December, after completing class renewal.

12 Jul 2018

SeaBird Exploration Acquires Geowave Voyager

SeaBird Exploration announced it is in an exclusive process to acquire the seismic vessel Geowave Voyager and certain seismic equipment from Exploration Vessel Resources II AS, a wholly owned subsidiary of CGG S.A., for a cash consideration of $17 million.SeaBird intends to carry out a private placement of new shares in the company raising gross proceeds of minimum NOK 80 million and maximum of NOK 120 million. The subscription price  in the Private Placement will be determined through an accelerated book-building process. The net proceeds from the Private Placement will be used to finance the Transaction and for general corporate purposes.The company is currently in an exclusive process with CGG to acquire the seismic vessel Geowave Voyager…

06 Dec 2007

StatoilHydro Secures Six Seismic Vessels

StatoilHydro has signed a letter of intent for six seismic acquisition vessels which will gather data on the Norwegian continental shelf (NCS). Secured seismic capacity includes three petroleum geo-service (PGS) vessels - Ramform Challenger, Ramform Sovereign and Atlantic Explorer, as well as Fugro Geoteam's Geo Celtic, Wavefield Inseis's Geowave Commander and Western Geco's Geco Triton.