Polarcus seismic survey ship gets contract extension

Polarcus seismic survey ship gets contract extension

Athens: TGS-NOPEC Geophysical Company (TGS) has signed  a letter of award (LOA) for a contract extension for a seismic survey vessel owned by Oslo-listed offshore vessel operator Polarcus.

In April, TGS and Polarcus signed a deal that would see the Polarcus Adira (4,350 dwt, built 2012; pictured) collect 3D seismic data over an area of 3,000 square kilometres in the southeast Barents Sea.

This contract was today renewed for a further 3,000 square km of work in the Norwegian Barents Sea, once the original survey has been completed.

The LOA signed in April allowed for a contract extension of up to 7,000 square km.

TGS provides multi-client geoscience data to oil and gas exploration and production companies worldwide.

 

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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