Polarcus continues new contract run

March 3, 2017

Norwegian geoscience firm Polarcus has finalized a contract for 3D marine seismic acquisition in Australia and won a contract extension in West Africa.

The program will deliver a high quality broadband data-set utilizing one of the company's X-bow vessels operating under the Polarcus Explore Green environmental agenda. The project is due to start in Q3 2017 and will run for about two months.

In addition, the company has secured a 30-day extension to the West African campaign initially announced on 9 January 2017.

Both contracts follow an announcement yesterday that the firm had secured another extension for its 3D marine seismic project in South America.

Duncan Eley, COO, said: "The multiple awards announced recently are testament to our strong reputation with clients globally and our ability to secure key projects in the contract market, which is our previously stated strategy. These recent announcements provide clear visibility of our fleet through end Q3 and into Q4."



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