Shearwater Geoservices AS

09/09/2019 | Press release | Distributed by Public on 09/09/2019 02:18

Shearwater GeoServices returns for new acquisition and processing contract in Turkey

9th September 2019

Shearwater GeoServices Holding AS ('Shearwater') is pleased to announce the award of a seismic acquisition and depth processing contract by Türkiye Petrolleri Anonim Ortaklığı (TPAO). It is the second project to be executed for TPAO in 2019.

The survey covers an area of 6,200 sq. km and includes fast-track processing, followed by full time and depth processing. The 4-month project starts in Q3 2019 and will be conducted by the Polar Empress immediately after its completion of a full North Sea summer season.

'We look forward to returning to the Turkish Black Sea for this 14-streamer survey following strong execution and high productivity on the previous survey and processing contract for TPAO,' said Irene Waage Basili, the CEO of Shearwater GeoServices. 'We are very pleased to see continued high utilization of the Polar Empress on client projects and repeat business for our Processing & Imaging business'

For further information:
Irene Waage Basili, CEO, Shearwater GeoServices, phone: +47 90 09 86 88

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 geophysical acquisition techniques, effective surveys and high-quality data. Shearwater has close to 600 employees, an industry-leading cost position and a strong balance sheet. Headquartered in Bergen, Norway, Shearwater is owned by RASMUSSENGRUPPEN AS, GC Rieber Shipping ASA and Schlumberger.