2nd March 2020

Shearwater GeoServices awarded Bulgaria Black Sea 3D survey by Total

Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total E&P Bulgaria B.V. (“Total”). The contract award follows an active 2019 season in the Black Sea for Shearwater.

The survey covers 5,500 sq. km in the Han Asparuh block 1-21 using Flexisource triple source together with Fast Track processing enabled by Shearwater’s proprietary Reveal software. The three-month survey starts in Q1 2020 and will be carried out by the Oceanic Vega.

“Shearwater has a strong working relationship with Total from the execution of multiple projects and we have through 2019 built a unique working experience in the Black Sea,” said Irene Waage Basili, the CEO of Shearwater GeoServices. “The combination of these two strengths, positions this project for success. We welcome the award and the opportunity to work for Total in Bulgaria.”


For further information
Irene Waage Basili, CEO, Shearwater GeoServices, phone: +47 90 09 86 88

About Shearwater GeoServices Holding AS
Shearwater GeoServices Holding AS is a global, customer-focused and technology-driven provider of marine geophysical services. The company has the world’s largest fleet of high-end seismic vessels and a portfolio of proprietary technologies and software that provide customers with a full-range of towed streamer and ocean bottom geophysical acquisition techniques, effective surveys and high-quality data. Shearwater has approximately 700 employees, an industry-leading cost position and a strong balance sheet. Headquartered in Bergen, Norway, Shearwater is owned by RASMUSSENGRUPPEN AS, GC Rieber Shipping ASA, Schlumberger and Eidesvik Offshore.