Polarcus Gets South American Campaign Extension

Polarcus, Oslo-listed seismic contractor, has secured an extension of a 3D marine seismic project in South America.

The company received the project award in December 2015, and completed the first phase in August 2016.

The second phase is scheduled to start in March 2017 and will be acquired over three months, extending the regional campaign into Q3 2017.

The company also has an option for further expansion of the survey area.

Richard Price, senior vice president, North & South America, said: “It is very gratifying to receive this project extension, as it validates our exemplary safety and environmental performance and our operational efficiency, which has enabled us to meet the high standards expected by this major client.”