Overview page containing news articles
Polarcus
List of the highlighted articles
Posted: about 1 month ago
Polarcus swings to loss on major revenue drop
Marine seismic player Polarcus has slipped into the red in Q3 2020 as revenue fell some 76 per cent ...
Posted: about 1 month ago
Posted: about 1 month ago
West Africa win for Polarcus
Marine seismic player Polarcus has secured a contract for a 3D seismic data acquisition services in ...
Posted: about 1 month ago
Posted: 2 months ago
Sovcomflot hands back Polarcus seismic vessel
Marine seismic player Polarcus has taken delivery of geophysical exploration vessel Ivan Gubkin. Iva...
Posted: 2 months ago
Posted: 2 months 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...
Posted: 2 months ago
Posted: 3 months 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 ...
Posted: 3 months ago
Posted: 3 months 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...
Posted: 3 months ago
Posted: 3 months ago
Another Asia Pacific deal for Polarcus
Marine seismic player Polarcus has received a letter of intent for 3D seismic data acquisition servi...
Posted: 3 months ago
Posted: 4 months 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 ...
Posted: 4 months ago
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Posted: 4 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...
Posted: 4 months ago
Posted: 5 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...
Posted: 5 months ago
Posted: 5 months ago
Sovcomflot withdraws Vyacheslav Tikhonov redelivery with Polarcus
Russian company, Sovcomflot, has withdrawn redelivery notice for Vyacheslav Tikhonov seismic vessel ...
Posted: 5 months ago
Posted: 5 months ago
Polarcus restructures with 20% headcount reduction
Polarcus is taking further actions to streamline its business and adjust operational capacity to ali...
Posted: 5 months ago
Posted: 6 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...
Posted: 6 months ago
Posted: 7 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...
Posted: 7 months ago
Posted: 7 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’...
Posted: 7 months ago
Posted: 7 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...
Posted: 7 months ago
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Posted: 8 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...
Posted: 8 months ago
Posted: 8 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...
Posted: 8 months ago
Posted: 8 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...
Posted: 8 months ago
Posted: 8 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...
Posted: 8 months ago
Posted: 8 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: 8 months ago
Posted: 8 months ago
Polarcus’ Contract in West Africa Terminated
Polarcus has received contract termination notice for a 3D marine seismic acquisition project offsho...
Posted: 8 months ago
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Posted: 8 months ago
Polarcus hit with seismic project cancellation in Asia Pacific
Polarcus has received termination for its previously awarded XArray marine seismic acquisition proje...
Posted: 8 months ago
Posted: 8 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...
Posted: 8 months ago
Posted: 9 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...
Posted: 9 months ago
Posted: 9 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. ...
Posted: 9 months ago
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