Shearwater awarded seismic acquisition contract by Shell

Shearwater awarded seismic acquisition contract by Shell

Shearwater GeoServices has secured a multi-project marine seismic 3D and 4D acquisition contract from Shell International Exploration & Production.

The contract covers four separate surveys including three in the North Sea and one off the coast of Western Australia. The surveys are expected to provide a total of 5 vessel-months of utilisation in 2019.

“We are very pleased with the award of this significant acquisition contract for exploration and production seismic by Shell. Our clients remain cost focused. The award represents an innovative contract structure which enables us to achieve additional cost efficiencies and share the benefit with our client. As the leading acquisition specialist, driving operational efficiencies and cost savings within acquisition is at the core of our business,” said Irene Waage Basili, CEO of Shearwater GeoServices.

In the North Sea, the Polar Empress will execute a 4D survey on the Ormen Lange field of Norway and 3D surveys on the Greeves and Blue Water fields in the UK sector.

In Western Australia, the Polar Duchess will execute the Factory 3D survey over a 2 month period covering over 3,000 km in the second half of 2019.

 

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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