19th March 2019

Shearwater GeoServices awarded acquisition and processing contract in Turkey.

Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a seismic acquisition and depth processing contract by Türkiye Petrolleri Anonim Ortaklığı (TPAO).

The survey contract covers an area of 2200 sqkm and includes fast track processing, followed by full time and depth processing. Work will commence in Q2 2019 and will be conducted by the Polar Empress.

“We are very pleased to see the Polar Empress contracted by TPAO for this 14-streamer survey, following on from efficient operations elsewhere completing ahead of schedule. Achieving operational efficiency within each project and maximizing utilisation over a program of projects is key to our results” said Irene Waage Basili, the CEO of Shearwater GeoServices.