With the Paris 2015 climate goals now 10 years old, the need for urgent climate action has never been so pressing. Several major economies have committed to achieving net zero with the overwhelming consensus that carbon capture and storage (CSS) play a critical role in reducing global emissions. CCS is not a new concept, but […]

Efficient Node Handling In our previous article, Forward Looking Directions, we emphasized the importance of adaptable buoyancy systems to accelerate node deployment and retrieval. This article focuses on another critical aspect of subsea vehicle-based node operations: the actual handling and transport of nodes by the subsea vehicles to allow an increased number of nodes per […]

SEISMICMATTERS FOR CCS Leading theTransition As the world moves towards its goal of net zero, carbon capture and storage play an important part in supporting the energy transition. We want to respond to mounting global demand and lead that transition. ​​Being a marine geoscience pioneer, with decades of experience and technical development, Shearwater is best-positioned […]

Bergen, 22 September 2025 – Shearwater Geoservices AS (“Shearwater”) has been awarded a seven vessel-months streamer contract by Oil India Limited commencing in the fourth quarter of 2025. The combined 3D and 2D seismic survey will employ two vessels from the Shearwater fleet. The project covers the Mahanadi and Krishna-Godavari fields and includes the acquisition […]

Simon Telfer has been holding the interim responsibility for the technology and manufacturing organisation since January 2025, in addition to his role as SVP of Software, Processing and Imaging (SPI) at Shearwater. In this new appointment as CTO, Simon Telfer will be responsible for leading Shearwater’s technology strategy across the organisation, including IT, infosec, and […]

A provenpartner AcrossAFrica Backed by scienceBuilt forAfrica From firsts in Ghana to breakthroughs in the Orange Basin, we’ve delivered high-quality seismic across Africa. Safely, efficiently, and at scale. A PROVEN PARTNER ACROSS AFRICA’S OFFSHORE FRONTIER LET’S GO UNDER THE SURFACE EXPLORATIONAND PRODUCTIONSOLUTIONS Marine seismic surveys provide imaging of the seabed and beneath so exploration and […]

Oslo, 10 September 2025: Irene Waage Basili, the CEO of Shearwater Geoservices AS (“Shearwater”) will be presenting at the annual Pareto Securities’ Energy conference. The presentation used is attached hereto and available under the Investor section on our web-site, www.shearwatergeo.com For further information, please contactKristian Rådal, Head of Investor Relations, phone +47 99 23 61 […]

Bergen, 29 August 2025 – Shearwater Geoservices AS (“Shearwater”) today published its second quarter 2025 results. Revenue was USD 133.8 million compared to USD 214.2 million in the second quarter 2024. EBITDA was USD 11.9 million compared to USD 80.1 million in the second quarter 2024. Key takeaways: Lower activity impacted financial performance, as expected […]

Bergen, 27 August 2025 – Shearwater Geoservices AS (“Shearwater”) has been awarded a deepwater Ocean Bottom Node (OBN) seismic survey in Ghana’s Jubilee and TEN fields, operated by Tullow and its partners. It will be the first deepwater OBN project offshore Ghana, following Shearwater’s successful recent deployment of the SW Tasman vessel and Pearl node OBN […]

Bergen, 26 August 2025 – Shearwater Geoservices AS will publish its second quarter 2025 results on 29 August 2025.Irene Waage Basili, CEO, and Andreas Hveding Aubert, CFO, will on the same day host a webcast and a conference call followed by Q&A at 15:00 CEST. Webcast:You can follow the presentation via webcast with supporting slides, […]