Polarcus Limited announced a two-year extension of the support services agreement with Turkish Petroleum covering seismic data acquisition management, maritime management and crewing support. Reference is made to the stock exchange notice…
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of Mr Lim Ah Doo as an independent non-executive Director of the Company and a Member of the Audit Committee with effect from 10 November 2015.Mr Lim…
Norwegian shipping company GC Rieber Shipping ASA has entered into an agreement with Dolphin Geophysical to increase Dolphins competitiveness in a challenging market. Rieber has agreed to take early redelivery of the survey vessel Polar…
Polarcus Limited has announced it has received a letter of intent for a 3D marine seismic project in West Africa. The client was not disclosed by the Dubai-based seismic vessel operator, who will utilise its RightBAND technique for the broadband data acquisition…
Spectrum ASA entered into a Multi-client master co-operation agreement with the federal government of Somalia during a signing ceremony on September 5th at the SYL Hotel, Mogadishu.The agreement allows Spectrum to acquire approximately 28…
Fugro has undertaken successful trials of its new GeoWing, a system designed to detect low ferrous content unexploded ordnance (UXO) items in challenging marine environments.The new GeoWing system is especially beneficial for subsea construction projects…
Stig Eide Sivertsen is appointed as Chief Executive Officer of Electromagnetic GeoservicesBjarte Bruheim has decided to step down as Chief Executive Officer of Electromagnetic Geoservices ASA with immediate effect. He has held this position since 7 January 2015…
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 12.1 million in the second quarter 2015, down from 32.3 million in the previous quarter and from USD 42.5 million in the second quarter 2014. Contract sales ended at USD 4.8 million…
Electromagnetic Geoservices ASA (EMGS) has received a letter of award (LOA) for a contract worth approximately USD 4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia. The two parties have entered into a two-year contract…
Paris-listed seismic giant CGG and Russia's largest shipowner, SCF Group (Sovcomflot), have formally registered a joint-venture company focused on coldwater surveys, reports Interfax. The joint venture, to be called Arctic Geophysical Exploration (AGE)…
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…
The U.S. Court of Appeals for the Federal Circuit recently affirmed the 2014 judgment that ION Geophysical Corp. infringed four seminal WesternGeco LLP patents covering streamer steering technology for marine seismic surveys, and that WesternGeco…
Polarcus Limited has signed a Letter of Intent (LOI) with TGS-NOPEC Geophysical Company for the sale of its multi-client projects in Northwest Europe and West Africa in return for a cash consideration of US$27.5 million and future revenue share on library late sales…
A team of international scientists, led by the Marine Institute in Ireland, has completed a transatlantic sea bed mapping exercise, which has revealed previously uncharted seabed features including mountains and ridges taller than Carrauntoohil…
TGS-NOPEC Geophysical Company ASA (TGS) signs letter of intent (LoI) for charter of an estimated six months of 3d vessel capacity from Oslo-listed seismic vessel operator Polarcus. TGS intends to charter a vessel from Polarcus in 2016 to…
