M/V SCAN Stigandi to be Delivered February 2008

SCAN Geophysical says that the shipyard Irwing Shipbuilding has provided an updated production schedule with expected delivery of M/V SCAN Stigandi on February 20, 2008.

SCAN expects operations to commence during March 2008.

Neptune Offshore AS, who supervises the upgrade on behalf of the owner Neptune Seismic AS, is confident that the expected delivery date is realistic. Additional engineering capacity has been secured, and the yard has scheduled work over the weekends. Critical subcontracted work and delivery time of vessel equipment are being secured.