List of the highlighted articles
- long read
Marine seismic industry exploring energy transition arena
As the world continues its race to a net zero future, identifying potential carbon and hydrogen stor...
Polarcus calls in the liquidators
The Grand Court of the Cayman Islands has appointed FTI Consulting liquidators to financially troubl...
Polarcus fleet up for sale – all employees face layoffs
Seismic player Polarcus has received notification from the lenders that they no longer support the c...
Lenders take over Polarcus assets
Following loan default, Polarcus’ lenders have taken control of its vessels and shipholding unit. On...
Polarcus stock crashes on loan default news
Marine seismic player Polarcus said on Tuesday it has defaulted on debt payments and that it will ha...
Asia Pacific 3D seismic for Polarcus
Marine seismic player Polarcus has received letter of award to provide 3D seismic data acquisition s...
Polarcus lands 4D project in Far East
Marine seismic player Polarcus has signed a memorandum of agreement with SCF GEO, a company in the S...
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 ...
West Africa win for Polarcus
Marine seismic player Polarcus has secured a contract for a 3D seismic data acquisition services in ...
Sovcomflot hands back Polarcus seismic vessel
Marine seismic player Polarcus has taken delivery of geophysical exploration vessel Ivan Gubkin. Iva...
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...
Faccin Wind Towers Division: a reliable partner for your wind energy project
Faccin Group created a Wind Towers Division within the company. Why? Eng. Andrea Comparin: “Ac...
Maritime Insurance Market Update, Q3 2020
‘Clients, advisors and insurers are in the same boat.’ Effective cooperation is necessary to keep ri...
Polarcus in new XArray project in West Africa
Polarcus has secured an XArray 3D marine seismic acquisition project in West Africa. The project is ...
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...
Another Asia Pacific deal for Polarcus
Marine seismic player Polarcus has received a letter of intent for 3D seismic data acquisition servi...
It’s all about power flow
Integration of renewable energies on a ship – and in other island networks Interview with Jero...
Red quarter for Polarcus as revenues sink
Marine seismic player Polarcus has slipped deeper into the red in Q2 2020 as revenues dropped close ...
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...
Polarcus vessel utilization drops in Q2
Polarcus, a Dubai-based seismic contractor, has recorded a drop in its vessel utilization in the sec...
“ETICA IP” ROV & USV a staunch green ally for the blue economy indystry & ocean sustainability
By Ioana Laura Grigore. Our concept of blue economy & ocean sustainability in offshore industry ...
Sovcomflot withdraws Vyacheslav Tikhonov redelivery with Polarcus
Russian company, Sovcomflot, has withdrawn redelivery notice for Vyacheslav Tikhonov seismic vessel ...
Polarcus restructures with 20% headcount reduction
Polarcus is taking further actions to streamline its business and adjust operational capacity to ali...
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...
Polarcus shrinks deficit; preps for market uncertainty
Marine seismic player Polarcus has cut its deficit in Q1 2020 despite slightly lower revenues on imp...
Polarcus elects new board member
Polarcus has elected Nina Tronstad as a board member, with a term of office expiring at the company’...
Polarcus in XArray seismic acquisition in Asia Pacific
Polarcus has received a contract for an XArray marine seismic acquisition project in Asia Pacific. T...
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...
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...