12th May 2021
Shearwater GeoServices awarded large 3D and 4D programs by Petrobras
Shearwater GeoServices Holding AS (“Shearwater”) today announced the award of a 4D monitoring contract for towed streamer seismic acquisition in the Campos Basin offshore Brazil.
These 3D and 4D programs will be conducted over 9-months by the SW Empress, over the Marlim, Albacora, and Voador fields, starting in late Q2 2021.
4D time-lapse seismic monitoring is a key reservoir management tool. Shearwater is a technology and market leader in 4D towed streamer and ocean bottom seismic acquisition.
“Brazil has one of the most advanced programs of deepwater 4D seismic monitoring for reservoir management. This large 4D towed streamer seismic award by Petrobras adds significant backlog to the substantial programs already awarded to Shearwater in Brazil”, said Irene Waage Basili, the CEO of Shearwater GeoServices.
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, and Schlumberger.