Search results for: Polarcus Naila

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  • 28 June 2013
    Business & Finance

    Polarcus Limited, a UAE-based seismic acquisition specialist, has today entered into an addendum to the sale and lease-back financing arrangements dated 30 June 2008 for Polarcus Nadia and Polarcus Naila. The parties to the arrangement have agreed to amend the charter hire and call options under the terms of the bareboat charter. The current rate of […]

  • 8 May 2014
    Business & Finance, Project & Tenders

    Polarcus Limited has announced that Polarcus Naila started full seismic production on Wednesday, 07 May, only three days after start of mobilization. Related: ‘Polarcus Naila’ prepares for ‘UK Breagh’ survey Polarcus Naila is acquiring the “UK Breagh” RightBand(TM) multi-client project. The survey is designed to provide enhanced imaging of the Carboniferous Breagh field areas in UK Block 42/13 and to […]

  • 28 June 2013
    Business & Finance

    Polarcus Limited yesterday entered into an addendum to the sale and lease-back financing arrangements dated 30 June 2008 for Polarcus Nadia and Polarcus Naila. The parties to the arrangement have agreed to amend the charter hire and call options under the terms of the bareboat charter. The current rate of USD 35,000 per day per […]

  • 5 March 2010

    The seismic survey vessel Polarcus Naila was delivered on 24 February by Drydocks World Dubai in the United Arab Emirates. This is the second of six Ulstein designed seismic vessels for Polarcus. Polarcus Naila is a 12-streamer 3D seismic research vessel designed to fulfil the demands of the seismic offshore industry.

  • 20 August 2014

    Polarcus, a UAE-based seismic survey company, has said that its vessel ‘Polarcus Naila’ has continued to deliver superior performance since her propulsion upgrade in April this year.   The modern 3D seismic vessel has recently completed a two month program for TGS-NOPEC towing a large 12 streamer spread offshore of the UK Shetland Islands. The program […]

  • 8 May 2014
    Business & Finance

    Polarcus Limited announces that upgraded Polarcus Naila has commenced full seismic production on Wednesday, 07 May, only three days after start of mobilization. Polarcus Naila is acquiring the “UK Breagh” RightBand(TM) multi-client project. The survey is designed to provide enhanced imaging of the Carboniferous Breagh field areas in UK Block 42/13 and to deliver improved […]

  • 18 April 2014
    Project & Tenders

    Dutch Damen Shipyards has today through social media shared photos of a seismic vessel being repaired in one of its yards. The Polarcus Naila vessel, owned by the UAE-based seismic specialist Polarcus, is undergoing repairs and upgrades in the Shipdock shipyard, which Damen bought in February last year. The 3D seismic vessel arrived at Shipdock Amsterdam […]

  • 17 December 2013
    Business & Finance

    Systems integrator Alewijnse Marine Systems has been awarded the contract for the full electrical refit of the seismic vessel Polarcus Naila. The ultra-modern, 12 streamer 3D/4D seismic vessel will arrive in February 2014 at the Damen-owned yard Shipdock Amsterdam for a refit scheduled to last 35 days. The refit involves the replacement of the current […]

  • 28 May 2014
    Business & Finance, Equipment, Operations & Maintenance

    Three Damen companies were involved in the successful Polarcus Naila refit: Damen Shiprepair & Conversion yard ‘Shipdock Amsterdam’, steel construction company ‘Niron Staal’ and Damen Marine Components (DMC). As a partner and supplier of Caterpillar Marine (formerly Berg Propulsion), DMC has provided two Damen Optima nozzles with an inner diameter of 4,545 mm to ensure […]

  • 3 June 2019
    Project & Tenders

    Polarcus Limited has received an award for a wide-azimuth project to be acquired in the Americas.  Polarcus Naila and Polarcus Adira vessels will perform the acquisition. The project is expected to start in early August 2019 with a duration of approximately four months, a total of eight vessel months. Delivered in 2010 Polarcus Naila is […]

  • 17 December 2013
    Business & Finance

    Ship repair and conversion yard Shipdock Amsterdam, part of Damen Shipyards Group, received a contract for the propulsion upgrade of the 3D Seismic Vessel ‘Polarcus Naila’. The ultra-modern vessel will arrive at Shipdock in February 2014 for its six-week conversion. In addition to the propulsion upgrade the vessel will also undergo modification works in order […]

  • 8 May 2014
    Business & Finance

    Polarcus Naila commenced full seismic production on Wednesday, 07 May, only three days after the start of her post-upgrade mobilization, announced by Polarcus Limited on May 5th. Polarcus Naila is acquiring the “UK Breagh” RightBand (TM) multi-client project. The survey is designed to provide enhanced imaging of the Carboniferous Breagh field areas in UK Block […]

  • 17 June 2014
    Business & Finance

    TGS has commenced acquisition of a new 3D multi-client survey in the West of Shetland region. The survey will cover 2,500km2 and will tie into TGS’ existing 3D library in the region, bringing the total volume of recent TGS 3D in the area to more than 17,500 km2. Stein Ove Isaksen, Senior VP Eastern Hemisphere […]

  • 17 December 2013

    Ship repair and conversion yard Shipdock Amsterdam, part of Damen Shipyards Group, received a contract for the propulsion upgrade of the 3D Seismic Vessel ‘Polarcus Naila’. The ultra-modern vessel will arrive at Shipdock in February 2014 for its six-week conversion. In addition to the propulsion upgrade the vessel will also undergo modification works in order […]

  • 5 May 2014
    Business & Finance, Project & Tenders

    Polarcus Limited announces that Polarcus Naila is presently mobilizing for the highly prefunded Polarcus “UK Breagh” multi-client survey after a successful upgrade. The upgrade enables the vessel to tow ultra-wide 12 streamer spreads, matching the capability of the four high performance “A-class” vessels in the Polarcus fleet. Subsequent to the one month “UK Breagh” survey […]

  • 5 May 2014
    Business & Finance

    Polarcus Limited said that its seismic vessel Polarcus Naila is presently mobilizing for the highly prefunded Polarcus “UK Breagh” multi-client survey after a successful upgrade. The upgrade enables the vessel to tow ultra-wide 12 streamer spreads, matching the capability of the four high performance “A-class” vessels in the Polarcus fleet. Subsequent to the one month […]

  • 5 May 2014
    Business & Finance, Equipment

    Polarcus Limited announces that Polarcus Naila is presently mobilizing for the highly prefunded Polarcus “UK Breagh” multi-client survey after a successful upgrade. The upgrade enables the vessel to tow ultra-wide 12 streamer spreads, matching the capability of the four high performance “A-class” vessels in the Polarcus fleet. Subsequent to the one month “UK Breagh” survey […]

  • 15 April 2010

    Polarcus’ seismic vessel Polarcus Naila has started work on her maiden job, a 3D shoot off Cameroon. Oslo-listed Polarcus said the survey will be carried out for Noble Energy. The survey is being acquired with a 10 streamer seismic array, each streamer being 6000 metres long and with 100 metres separation between streamers. [mappress] Source:Polarcus,April […]

  • 14 May 2014
    Business & Finance

    Polarcus Limited has announced the release of its first quarter 2014 financial statements. Highlights in the first quarter 2014: – Revenues of USD 121.4 million, EBITDA of USD 39.6 million and EBIT of USD 16.9 million; – Net cash flow from operations of USD 55.9 million; – Reduction in cost of sales and finance costs […]

  • 3 June 2019
    Business & Finance

    Seismic services player Polarcus has been awarded a contract for a wide-azimuth project to be acquired in the Americas.

  • 2 September 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Seismic contractor, Polarcus, has secured a new contract with an undisclosed client for a 3D marine seismic project in Australia. According to the Oslo-listed company, the project is  scheduled to start in the forth quarter of 2015, following the completion of the Capreolus 3D shoot, currently being acquired in the same area by the company’s Polarcus Asima, Polarcus Amani and Polarcus […]

  • 11 February 2014

    Systems integrator Alewijnse Marine Systems has been awarded the contract for the full electrical refit of the seismic vessel Polarcus Naila. The ultra-modern, 12 streamer 3D/4D seismic vessel will arrive in February 2014 at the Damen-owned yard Shipdock Amsterdam for a refit scheduled to last 35 days. The refit involves the replacement of the current […]