(Oslo ,4 January 2022 )Magseis Fairfield is pleased to announce thatFons ten Kroode will assume the position as Chief Geophysicist effective1 February 2022 , based in the company's headquarter at Lysaker. Prior to joiningMagseis Fairfield , Fons spent 30 years at Shell. "I am pleased to welcome Fons to the management team. He brings a wealth of geophysical and management business experience. His primary role will be to advance the company's geophysical offering and the new solutions we will offer to our customers through the Echova platform. As such, this role supports us in extending our leadership in the OBN market." says Carel Hooijkaas, CEO inMagseis Fairfield . During his tenure with Shell, Fons held several senior level positions, most recently as manager acquisition and signal processing R&D and Head of theShell-PDO Geophysical Strategic Alliance . Starting as a borehole geophysicist in 1991, he continued to work in theGeneral Research department as a mathematical geophysicist on Full Waveform Inversion through the mid-nineties. Following this, he held positions as team lead signal processing R&D and manager of Shell's global seismic imaging R&D program. He holds a PhD in Mathematics and MSc in Theoretical Physics from theUniversity of Amsterdam , where he was Assistant Professor of Mathematics before joining Shell. For further information, please contact: André Bjørvik, SVP Corporate Communication Tel: +47 907 42 746 Email: andre.bjorvik@magseisfairfield.com Carel Hooijkaas, CEO Tel: +47 480 49 277 Email: carel.hooijkaas@magseisfairfield.com ---Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System "MASS" nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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