Shearwater Geoservices AS

09/15/2021 | Press release | Distributed by Public on 09/14/2021 23:31

​Shearwater GeoServices awarded a six-month project extension for the CGG Nebula survey offshore Brazil

15th September 2021

Shearwater GeoServices awarded a six-month project extension for the CGG Nebula survey offshore Brazil

Shearwater GeoServices Holding AS ('Shearwater') has secured a six-month contract extension with CGG on its Nebula survey in the Campos and Santos basins offshore Brazil and is nearing completion of work for CGG on its North Viking Graben survey.

Shearwater has previously conducted work for the extensive Nebula survey and the announced extension will run to the end of 2021.

'We are pleased with this extension in this very promising exploration area, adding more work to Oceanic Sirius and to our overall backlog', said Irene Waage Basili, CEO of Shearwater.

In the North Sea, Amazon Conqueror has recently concluded its work for CGG on the North Viking Graben survey, where the SW Amundsen continues. Shearwater has utilised two vessels equipped with multi-component streamers, Amazon Conqueror and SW Amundsen, for a total of seven vessel months, following a two-month addition to the original scope.

For further information
Irene Waage Basili, CEO, Shearwater GeoServices, phone: +47 90 09 86 88
Jonas Gade Christensen, Strategy and Investor Relations Manager, phone: +47 94 42 55 11

About Shearwater GeoServices Holding AS
Shearwater GeoServices Holding AS is a global, customer-focused and technology-driven provider of marine geophysical services. The company has the world's largest fleet of high-end seismic vessels and a portfolio of proprietary technologies and software that provide customers with a full-range of towed streamer and ocean bottom geophysical acquisition techniques, efficient surveys and high-quality data. Shearwater has an industry-leading cost position and a strong balance sheet. Headquartered in Bergen, Norway, Shearwater is owned by RASMUSSENGRUPPEN AS, Schlumberger, and GC Rieber Shipping ASA.