Press Release

Shearwater awarded large 2D seismic survey by Oil India Ltd

3 Dec 2024

Bergen, 03 December 2024: Shearwater Geoservices Holding AS (“Shearwater”) has been awarded a large 2D towed streamer seismic survey by Oil India Ltd, covering 14,500 line kilometers on the East Coast of India in the Bay of Bengal.

The project, scheduled to commence early 2025, forms part of India’s National Seismic Program (NSP) and is expected to last around five months.

“This contract marks the second NSP survey, and third towed streamer project awarded to Shearwater for this season in India, emphasizing our strong position in the Asia Pacific region,” said Irene Waage Basili, CEO of Shearwater.”

For further information:
Irene Waage Basili, CEO, Shearwater, phone: +47 90 09 86 88
Kristian Rådal, Investor Relations Manager, Shearwater, phone: +47 99 23 61 58

About Shearwater:
Shearwater is a global marine geoscience and technology business that specialises in collecting data offshore. The organisation uses state-of-the art seismic vessels and equipment to explore the seabed and processes the data using market-leading proprietary software. These insights help clients understand the Earth and make informed decisions about accelerating responsible use of its resources. Shearwater’s headquarters is in Bergen, Norway, with more facilities all around the globe. The company employs around 1280 people.

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