New Survey Vessel for Geo - 05/12/2006
Geo has entered into an agreement with Fjellstrand AS of delivery of a survey vessel. The total cost for the vessel amount to approximately NOK250 million (US$34.9 million). The vessel is scheduled for delivery to Geo medio 2007. The total cost for the 70m long crew vessel depends of the final survey equipment configuration. It will accommodate 50 persons. Geo employs 231 people.