Overview page containing news articles

Polarcus

List of the highlighted articles

Posted: 6 days ago

Sovcomflot keeping Vyacheslav Tikhonov with option to redeliver Ivan Grubkin

Seismic player Polarcus and Russian shipping company Sovcomflot have once again agreed new terms for...

Categories:
  • Vessels
Posted: 6 days ago
Posted: 22 days ago

Polarcus in new XArray project in West Africa

Polarcus has secured an XArray 3D marine seismic acquisition project in West Africa. The project is ...

Categories:
  • Business developments & projects
Posted: 22 days ago
Posted: about 1 month ago
Premium

Marine seismic industry in numbers after exploration capex slash

The low oil price has led energy companies to scale back near-term investment plans significantly, a...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

Another Asia Pacific deal for Polarcus

Marine seismic player Polarcus has received a letter of intent for 3D seismic data acquisition servi...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

Red quarter for Polarcus as revenues sink

Marine seismic player Polarcus has slipped deeper into the red in Q2 2020 as revenues dropped close ...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: 2 months ago

Polarcus gets seismic deal from Eni in Asia Pacific

Polarcus has entered into a contract with Eni for 3D seismic data acquisition services in Asia Pacif...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Polarcus vessel utilization drops in Q2

Polarcus, a Dubai-based seismic contractor, has recorded a drop in its vessel utilization in the sec...

Categories:
  • Vessels
Posted: 2 months ago
Posted: 2 months ago

Sovcomflot withdraws Vyacheslav Tikhonov redelivery with Polarcus

Russian company, Sovcomflot, has withdrawn redelivery notice for Vyacheslav Tikhonov seismic vessel ...

Categories:
  • Vessels
Posted: 2 months ago
Posted: 2 months ago

Polarcus restructures with 20% headcount reduction

Polarcus is taking further actions to streamline its business and adjust operational capacity to ali...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 3 months ago

Polarcus wraps up Petrel seismic survey for Neptune Energy

Polarcus has completed acquisition of the 3D broadband seismic survey for Neptune Energy on the Petr...

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 4 months ago

Polarcus shrinks deficit; preps for market uncertainty

Marine seismic player Polarcus has cut its deficit in Q1 2020 despite slightly lower revenues on imp...

Categories:
  • Business & Finance
Posted: 4 months ago
Posted: 4 months ago

Polarcus elects new board member

Polarcus has elected Nina Tronstad as a board member, with a term of office expiring at the company’...

Categories:
  • Business & Finance
Posted: 4 months ago
Posted: 4 months ago

Polarcus in XArray seismic acquisition in Asia Pacific

Polarcus has received a contract for an XArray marine seismic acquisition project in Asia Pacific. T...

Categories:
  • Operations & Maintenance
Posted: 4 months ago
Posted: 5 months ago

Polarcus Records Drop in Vessel Activity in Q1 2020

Polarcus, a Dubai-based seismic contractor, has recorded a decrease in its vessel utilization in the...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market

Polarcus has come up with a $15 million cost reduction plan to navigate the current uncertainty faci...

Categories:
  • Outlook & strategy
Posted: 5 months ago
Posted: 5 months ago

Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market

Polarcus’ cost reduction plan includes redundancies, reduction of base salary and capex, and w...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Polarcus in New XArray Seismic Acquisition in North West Europe

Polarcus has secured an XArray 3D marine seismic acquisition project in North West Europe. The proje...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

Polarcus gets second seismic project cancellation this week

For the second time this week, marine seismic player Polarcus has received a project termination for...

Posted: 5 months ago
Posted: 5 months ago

Polarcus’ Contract in West Africa Terminated

Polarcus has received contract termination notice for a 3D marine seismic acquisition project offsho...

Categories:
  • Operations & Maintenance
Posted: 5 months ago
Posted: 6 months ago

Polarcus hit with seismic project cancellation in Asia Pacific

Polarcus has received termination for its previously awarded XArray marine seismic acquisition proje...

Categories:
  • Business & Finance
Posted: 6 months ago
Posted: 6 months ago

Polarcus Gets Cancellation Notice for Asia Pacific Project

Polarcus has received cancellation notice for the XArray marine seismic acquisition project in the A...

Categories:
  • Project & Tenders
Posted: 6 months ago
Posted: 6 months ago

Polarcus Posts Shrinking Losses, Growing Sales in 2019

Marine seismic player Polarcus has cut its deficit in 2019 as improved market boosted the company...

Categories:
  • Business & Finance
Posted: 6 months ago
Posted: 6 months ago

Polarcus still in red, but riding the wave of strongest backlog since 2014

Seismic services player Polarcus posted a loss of $19 million for the fourth quarter of 2019. ...

Categories:
  • Business & Finance
Posted: 6 months ago
Posted: 7 months ago

Polarcus Begins Cygnus Phase 3 Acquisition Off Australia

Polarcus has started the acquisition of the latest phase of the Cygnus regional multi-client 3D surv...

Posted: 7 months ago
Posted: 7 months ago

Polarcus begins new phase of Cygnus survey off Australia

Seismic services player Polarcus has started the acquisition of the latest phase of the Cygnus regio...

Posted: 7 months ago
Posted: 8 months ago

Polarcus and SFC Reschedule Again

Polarcus said it has once more agreed to postpone the redelivery of seismic research vessel Vyachesl...

Categories:
  • Business & Finance
Posted: 8 months ago