Magseis: Awarded contract for leasing of MASS nodes
Magseis is pleased to announce that it has been awarded a smaller contract for the lease of its proprietary MASS nodes for a project in South East Asia.
Magseis will mobilise a light handling system and field technicians for the project. The contract will commence during Q1. This award is a milestone for Magseis’ agnostic approach to the market and demonstrates flexibility in business and revenue models.
Per-Christian Grytnes, CEO comments:
“We are delighted with entering into our first Lease Agreement. It is a major first step in adding further flexibility to our business model. The MASS node is highly competitive and we are further broadening deployment capabilities to enable more projects with low OPEX and attractive economics”.