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    SCAN Stigandi delivery delayed

    Vessel & ROV News // October 19, 2007

    SCAN Geophysical has been informed that delivery of SCAN Stigandi will be delayed compared with the date announced in the company's stock exchange notice of August 20th.

    The upgrade is taking place at Irving Shipbuilding in Halifax, Canada. Neptune Offshore AS, which is supervising the upgrade on behalf of the owner Neptune Seismic AS, is in discussions
    with the shipyard to agree on a new delivery date.

    According to Neptune Offshore the delay is caused by limited engineering capacity and late deliveries of equipment from some of the yard’s sub-contractors.

    Additional engineering capacity is now being secured in order to accelerate the production.

    Based on this information, SCAN has estimated a delayed start up of operations until early 2008, compared to late November 2007, as previously announced.

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