TGS signs Polarcus for European broadband work

Offshore staff

DUBAI, UAEPolarcus Ltd. has received a letter of award from TGS-NOPEC Geophysical Co. ASA to acquire 30,000 sq km (11,583 sq mi) of 3D multi-client data in Europe.

Around 20,000 sq km (7,722 sq mi) will be acquired in 2017 utilizing two Polarcus vessels and its XArray multiple source acquisition method to deliver efficient, high-quality broadband data.

The project will commence in early 2Q. Acquisition of the remaining 10,000 sq km (3,861 sq mi) is expected to begin in early 2Q 2018, utilizing up to two Polarcus vessels.

Following this award, the booked capacity for the fleet is as follows:

1Q 2017 = 75%

2Q 2017 = 70%

3Q 2017 = 60%

4Q 2017 = 20%. 


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...