HOUSTON, May 7, 2019 /PRNewswire/ -- ION Geophysical
Corporation (NYSE: IO) today announced the Company was awarded the
Hart Energy Meritorious Award for Engineering Innovation in Health,
Safety and the Environment (HSE) for its Marlin™ operations
optimization software. The Meritorious Awards for Engineering
Innovation are the industry's most established and widely respected
engineering awards program. Each year, the world's best new
tools and techniques for finding, developing and producing
hydrocarbons are recognized.
"We are honored to be acknowledged by Hart's Energy for
innovation in Health, Safety and the Environment," said
Chris Usher, Executive Vice
President of ION's Operations Optimization group. "Reducing
HSE risk is a top priority for every offshore operation where
multiple vessels and marine assets are involved. Offshore
operations must simultaneously focus on their own tasks while being
mindful of other activities in close proximity. Similar to
air traffic control, Marlin integrates vast amounts of
environmental data with operational plans to enhance situational
awareness, flagging potential conflicts and enabling remote
collaboration to reduce operational risks, costs and
downtime. Marlin has been deployed over 130 times to enhance
real-time decision-making for a variety of activities such as
seismic surveys, diving activity, tanker offloading and pipeline
inspection work. A key benefit of the software has been
improved communication between offshore and onshore teams and
across the various operations. We are continuing to add new
features and functionality to Marlin to further enhance the
software's ability to improve decision-making and HSE."
To learn more, visit iongeo.com/Marlin.
About ION
ION develops and leverages innovative technologies, creating
value through data capture, analysis and optimization to enhance
critical decision-making, enabling superior returns. For more
information, visit iongeo.com.
Contacts
ION (Investor relations)
Executive Vice President and Chief Financial Officer
Steve Bate, +1 281.552.3011
steve.bate@iongeo.com
ION (Media relations)
Vice President, Communications
Rachel White, +1 281.781.1168
rachel.white@iongeo.com
The information herein contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements may include information and other
statements that are not of historical fact. Actual results may vary
materially from those described in these forward-looking
statements. All forward-looking statements reflect numerous
assumptions and involve a number of risks and uncertainties. These
risks and uncertainties include the risks associated with the
timing and development of ION Geophysical Corporation's products
and services; pricing pressure; decreased demand; changes in oil
prices; and political, execution, regulatory, and currency risks.
These risks and uncertainties also include risks associated with
the WesternGeco litigation and other related proceedings. We cannot
predict the outcome of this litigation or the related proceedings.
For additional information regarding these various risks and
uncertainties, including the WesternGeco litigation, see our Form
10-K for the year ended December 31,
2018, filed on February 8,
2019. Additional risk factors, which could affect actual
results, are disclosed by the Company in its fillings with the
Securities and Exchange Commission ("SEC"), including its Form
10-K, Form 10-Qs and Form 8-Ks filed during the year. The Company
expressly disclaims any obligation to revise or update any
forward-looking statements.
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SOURCE ION Geophysical Corporation