Norway: Polar Duke 3D Vessel Starts its First Project for TGS

Business & Finance

 

Dolphin Group ASA  announced today that 3D vessel Polar Duke yesterday entered into production on her first project for TGS Nopec ASA in the Norwegian sector of the Barents Sea.

Polar Duke was taken on charter in Stavanger on May 10th and mobilised directly on prospect in less than ten days and is presently operating with 10 streamers of 6,000 meters length.

The new purpose built vessel, has a long and slim design that allows for high transit speed and focuses on maximum fuel efficiency. She has already proven very strong towing capacity, speed, sea capabilities and exceptional manoeuvring characteristics.

Atle Jacobsen, CEO commented; “In 5 months from establishing Dolphin Geophysical AS, we have succeeded in bringing the high capacity 3D vessel Polar Duke into operation in one of the most promising exploration areas of the world. This is a strong proof of our capabilities and an important milestone in developing Dolphin Geophysical.”

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Source:Dolphin Group , May 20, 2011;