A deployment and retrieval apparatus for ocean bottom seismic receivers, the apparatus being a remotely operated vehicle (ROV) having a carrier attached thereto and carrying a plurality of receivers. The carrier comprises a frame in which is mounted a structure for seating and releasing said receivers. The structure may comprise a movable conveyor or fixed parallel rails or a barrel. The structure includes a discharge port on said frame and a discharge mechanism for removing and retrieving said receivers. A method for deployment and retrieval of ocean bottom seismic receivers comprises the steps of loading a carrier with a plurality of receivers, attaching said carrier to an ROV, utilizing said ROV to transport the carrier from a surface vessel to a position adjacent the seabed and thereafter utilizing said ROV to remove receivers from said carrier and place the receivers on the seabed.