Polarcus Receives LoA for 3D Acquisition Project Offshore Greenland

Polarcus Limited announces that the Company has received a Letter of Award from an undisclosed client for a 3D seismic acquisition project offshore Greenland.

The project will commence in July 2012 and is expected to run for approximately 70 days.

About Polarcus

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. The Company’s principal office is in Dubai, United Arab Emirates.

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Subsea World News Staff , December 28, 2011;  Image: Polarcus