Seabed Geosolutions

Seabed Geosolutions signed an agreement with Abu Dhabi National Oil Co. to conduct a shallow-water seabed survey of the Ghasha-Butini field, offshore the United Arab Emirates. The contract is worth USD 125 million. The company is also preparing for an ocean bottom cable survey in the Asia Pacific region, valued at approximately USD 55 million, which is expected to end in the fourth quarter of the year.