Polarcus Secures New Contract
By Aiswarya Lakshmi
Monday, August 3, 2015
Polarcus Limited sign a new contract with an unnamed client in terms of a marine 3D seismic project where Polarcus' Right Band technique used for broadband data acquisition.
It is stated in a stock exchange release. The project, which is contingent upon the exercise of a service contract, will commence in the third quarter of this year and is expected to last approximately 45 days.
For commercial reasons not stated the location of the project, said Polarcus.
Just last week the company was awarded a contract offshore West Africa, for a 60 day period, which will also commence in the third quarter of this year.