Shearwater GeoServices, the seismic joint venture between GC Rieber Shipping and Rasmussengruppen, has been awarded a 10,000 sq km marine seismic acquisition services contract by Total and Eni for their 2018 exploration program offshore Myanmar.
Shearwater will deploy the vessel Polar Empress for the survey. The project is expected to take about six months, commencing in January 2018.
“We are pleased to be awarded this significant contract with two oil majors known for their high HSE & quality standards and requirements for leading operational performance. Shearwater has undertaken a significant effort since its inception to pre-qualify for work with major oil companies. We see this recent award as a validation of that strategy, and appreciate the positive engagement of our clients to achieve this,” said Irene Waage Basili, CEO of Shearwater.
“The seismic market remains challenging, but on the back of a solid operational performance in 2017 in combination with recently awarded contracts, Shearwater is well positioned through the winter season and for 2018 as a whole,” Basili added.