Polarcus Grabs Australasia Contract

Oslo-listed seismic player, Polarcus, has been awarded a contract for a broadband 3D marine seismic project in Australasia.

The announcement follows last week’s letter of award from an undisclosed client for 3D marine seismic acquisition in Australia.

As in the previous award, Polarcus has not revealed the client, nor the commercial terms surrounding the agreement.

According to the company, the project is scheduled to begin in the fourth quarter of this year, and should run for about one month. Additional details encompassing the survey have not been disclosed.

Subsea World News Staff