About

Established as a key player in the seismic services market, Spectrum delivers high-quality multi-client seismic data and holds the world’s largest 2D offshore library as well as a significant 3D seismic offering. The company’s international legal team is comprised two lawyers and two non-lawyers with well-respected general counsel Svein O. Staalen spearheading the department. He explains that the team’s philosophy is to be ‘service minded with a commercial focus and a compliance focus – “to serve and protect”’. This outlook combined with has contributed significant wealth of legal expertise has allowed this relatively
small-sized team to contribute heavily towards important company projects. Indeed they have successfully assisted Spectrum on deals that have generated ‘several million dollars [for] the company’, as Staalen puts it, adding, ‘legal was obviously heavily involved in the transaction we did in 2015 with Fugro where we acquired rights to seismic data [with a] consideration [of] US$115m’.