21st September 2020

Shearwater GeoServices awarded a marine 3D seismic survey by PETRONAS Suriname E&P B.V. 

Shearwater GeoServices Holding AS (“Shearwater”) today announced the award of a large towed streamer 3D seismic survey for Block 52, offshore Suriname by PETRONAS Suriname E&P B.V. (PSEPBV), a subsidiary of PETRONAS.  PETRONAS is an integrated global energy company and the Americas is one of the regions the company is focusing on.

The four-month project is scheduled to commence in Q4, 2020.

“This new survey in Suriname comes at an exciting time for this area,” said Irene Waage Basili, the Chief Executive Officer of Shearwater. “We look forward to working together with PSEPBV, an affiliate of PETRONAS in Suriname, for this project.”

The 3D seismic survey covers surface area of 6,200 sq. km in Suriname’s Block 52 and will be carried out by the Geo Caribbean vessel. PSEPBV is the operator of Block 52 with 50% participating interest together with partner, ExxonMobil holding the remaining 50%.

 


For further information
Irene Waage Basili, CEO, Shearwater GeoServices, phone: +47 90 09 86 88
Jonas Gade Christensen, Strategy and Investor Relations Manager, phone: +47 94 42 55 11

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, efficient surveys and high-quality data. Shearwater has 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.