Seismic participant SeaBird Exploration stated that its supply contract introduced on 20 April 2020 has been terminated by the charterer.
Namely, the Oslo-listed SeaBird secured a letter of award in April for a challenge in South America.
The contract ought to have taken place within the third quarter of this yr, with a length of 30-45 days
At that point, SeaBird didn’t disclose the worth of the contract nor the title of the shopper.
In addition to this information, the corporate introduced a letter of award for an OBN supply contract within the Gulf of Mexico final week.
The contract will begin in This fall 2020 with an anticipated length of about three months.
SeaBird additionally right now stated it has determined to pursue a feasibility research into a distinct segment within the renewable vitality phase.
The firm has not communicated any additional particulars about this initiative.
The submit SeaBird eyes renewables; South America challenge canned appeared first on Offshore Energy.