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Shearwater Geoservices To Conduct Innovative Streamer Node Survey For OMV Norge AS

14th July 2023

Shearwater GeoServices to Conduct Innovative Streamer & Node Survey for OMV (Norge) AS
Shearwater announces a new project with OMV for a pioneering towed streamer survey with Ocean Bottom Nodes over the Berling gas and condensate discovery.

Spanning 1040 sq.km, this hybrid survey will commence in July 2023 and last for three months. Shearwater’s advanced vessels, SW Tasman and Oceanic Vega, will lead the operations. SW Tasman will operate as an ROV node deployment vessel for first time, following its conversion announced on 22nd October 2022 and will deploy the nodes before Oceanic Vega acquire the multi-Azimuth towed streamer survey.

"By completing the conversion of SW Tasman, Shearwater has adapted our fleet to control more operational factors inhouse as we meet the increased demand in the seabed market," said Irene Waage Basili, CEO of Shearwater. "We are looking forward to demonstrate our upgraded capabilities to OMV on this innovative towed and OBN hybrid survey."

Shearwater’s involvement in the Berling project will support OMV in realizing the field’s potential in sustaining Norway’s position as an important gas supplier to Europe, while also showcasing the company’s commitment to driving innovation and providing top-tier geophysical services to the oil and gas industry.

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

About Shearwater GeoServices Holding ASShearwater 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, Schlumberger, and GC Rieber Shipping ASA.