Polarcus Receives Seismic Contract Extension from Woodside (Australia)

Business & Finance

Polarcus Limited on 06 March 2012 announced that it had received Letter of Award for a 3D seismic acquisition project offshore Australia.

Today, the company announces that it has received confirmation of an extension to the previously announced Letter of Award from Woodside.

The project extension is expected to add a further approximate 3 months, bringing the total contract duration to 10 months.

Polarcus is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating an innovative design and advanced maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects worldwide and employs over 500 professionals.

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Subsea World News Staff , June 19, 2012;  Image: Polarcus