Bergen, 9 April 2019

Shearwater GeoServices awarded Barents Sea acquisition and processing contract by the NPD.

Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a contract for a Barents Sea seismic acquisition survey with full data processing by the Norwegian Petroleum Directorate (“NPD”).

Shearwater’s Reveal software, which the NPD uses in-house, will be used for full onboard and onshore processing enabling close collaboration. Shearwater has previously processed 2D surveys for the NPD in the area and the experience gained will be used to support execution of this new project.

The 1-month survey starts in the third quarter of 2019 and will be carried out by the Amazon Conqueror equipped with Isometrix technology.

“We are very pleased to see our combined acquisition and processing services selected by the NPD for their 2019 Barents Sea project.” said Irene Waage Basili, the CEO of Shearwater GeoServices. “It confirms our position as a leading full-service geophysical company.”