Norway-based offshore geophysical services firm Polarcus has signed a letter of intent with Perenco Oil & Gas Gabon for a 3D marine seismic acquisition project offshore West Africa.
The project, to be acquired by Polarcus Nadia and subject to the execution of a service contract, will commence in Q1 2015 and is expected to run for approximately 21 days.
French independent Perenco has been operating in Gabon since 1992. In 2013, annual average production reached 60,000boe/d. Perenco operates two offshore FPSOs. Five rigs were due to be in operation by the company in 2014 to drill 30 wells, on and offshore, an FSO unit due to be replaced and new platforms due to be installed.