"Polarcus" News

Seismic Uptick Suggests New Wave of Recovery

Feb 05, 2019

Amid mixed reports on the health of the offshore supply chain, the underreported seismic services segment — a bellwether of eventual market growth or decline — is showing signs that another wave of market recovery is just a year away.Oslo-based…

Polarcus Awarded Work in West Africa

Dec 17, 2018

Offshore geophysical company Polarcus Limited announced Monday that it has received a contract award for an XArray marine seismic acquisition project in West Africa.The project will commence in Q1 2019 with an approximate duration of two months…

PGS Sues Polarcus in Australia

Dec 07, 2018

Offshore geophysical company Polarcus Limited said it is being sued by PGS Australia Pty Ltd for patent claims relating to the acquisition of seismic data on three surveys in Australia and the processing of that data.'These proceedings follow…

Polarcus Wins High-res 3D Project

Nov 21, 2018

Marine geophysical company Polarcus announced Wednesday that it has been awarded a contract to perform a high-resolution 3D marine seismic acquisition project in North America.The project duration is approximately 45 days and is expected to commence in the second quarter of 2019.

Polarcus Wins 3D Project in West Africa

Nov 01, 2018

Offshore geophysical firm Polarcus Limited said Thursday it has received an award for a 3D marine seismic acquisition project in West Africa.The award comprises two surveys of approximately three months each, with the first survey expected to commence Q2 2019 and the second survey Q4 2019.

Polarcus Awarded 3D Project in Southeast Asia

Oct 22, 2018

Marine geophysical company Polarcus Limited said it has been awarded a 3D marine seismic acquisition project in South East Asia.The project duration is approximately four months and is scheduled to commence in Q4 2018.Following this award, the Polarcus fleet is 100 percent booked for Q4 2018.

TGS Remains Upbeat as Shares Drop

Nov 01, 2018

Oslo-listed seismic surveyor TGS fell more than 10 percent after reporting disappointing third-quarter results on Thursday, as oil firms were still too cautious to spend despite a raft of upbeat earnings.TGS, which maps the seabed in search of hydrocarbon deposits for oil firms…

Polarcus teams up with TGS for GoM survey

Dec 21, 2017

Norwegian seismic firm Polarcus has received a letter of award from TGS for the acquisition of 6172sq km of 3D seismic data in the Gulf of Mexico. TGS announced earlier today (21 December) that the firm will begin the Alonso 3D survey in February 2018…

TGS to start new 3D GoM survey

Dec 21, 2017

Geoscience firm TGS is to start a new multiclient acquisition project called Alonso 3D in the US Gulf of Mexico. Alonso 3D will cover 6172sq km in the Atwater Valley and Lloyd Ridge protraction areas of the US Gulf of Mexico. TGS says multi-level targets exist…

Carnarvon inks Bonaparte Basin license

Nov 03, 2017

Carnarvon Petroleum has been awarded the shalow water AC/P62 permit in the Southern Vulcan Sub-basin, in the prospective Bonaparte Basin, on Western Australia’s North West Shelf. The large 1512sq km permit contains multiple attractive…

Sovcomflot takes on Polarcus seismic vessel

Apr 24, 2017

Norway's Polarcus has delivered its Polarcus Amani seismic vessel, without streamers, to Russia's Sovcomflot in Bergen.  The vessel has been chartered by Sovcomflot under a bareboat agreement for five and a half years. Following delivery of the vessel to Sovcomflot…

Polarcus, Sovcomflot ink vessel deal

Feb 09, 2017

Polarcus has signed a heads of agreement with Russia's SCF GEO AS (Sovcomflot) to charter a vessel on bareboat terms with delivery scheduled for March 2017, a deal that comes with an option for Sovcomflot to buy the vessel. Image of the Polarcus Nadia…

Polarcus inks Australia, Africa seismic gigs

Mar 07, 2017

Polarcus announced a double win for the company, signing seismic projects off Australia and Africa.  Offshore Australia, Polarcus will use one of the Polarcus X-bow vessel for a 3D marine seismic acquisition. The project is due to start in Q3 2017 and will run for approximately two months…

Polarcus continues new contract run

Mar 03, 2017

Norwegian geoscience firm Polarcus has finalized a contract for 3D marine seismic acquisition in Australia and won a contract extension in West Africa. The program will deliver a high quality broadband data-set utilizing one of the company's…

Polarcus extends South American campaign further

Mar 02, 2017

Polarcus has secured another extension for its 3D marine seismic project in South America. The original award, announced on 15 December 2015, was awarded by an undisclosed client for a 3D marine seismic project in South America utilizing…

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