Fugro Takes Delivery of New Seismic Survey Vessel

On March 19, 2010, Fugro formally took delivery of a newbuild seismic survey vessel, the M/V Geo Caspian, which is on long term charter from ship-owner Volstad Maritime AS.

The vessel was outfitted at Fosen Yards in Norway and is one of the largest and most advanced seismic vessels ever built. Caspian is the third C-class vessel in a series of four delivered to Fugro since 2007.

Geo Caspian is designed to work worldwide in the most challenging offshore areas, and is capable of towing 16 seismic streamers. The C-class vessel design allow deployment of the largest possible spread of seismic streamers which are considered essential for efficiency when performing geophysical exploration on large prospects in the ''high end'' market segment.

The next C-class vessel, the M/V Geo Coral will be delivered to Fugro in August 2010.