With reference to the first quarter report on 28 May 2025. Bergen, 02 July 2025 – Shearwater Geoservices AS (“Shearwater”) has implemented measures to increase balance sheet resilience in response to the combination of short-term low activity levels and working-capital intensive projects during the second and into the third quarter of 2025, as mentioned in […]

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Bergen, 26 June 2025: – Shearwater Geoservices AS (“Shearwater”) has been awarded a 3D marine seismic acquisition contract by TotalEnergies in Sao Tome & Principe on the STP-02 Block. The two-month exploration survey off the coast of Western Africa will start early in the third quarter of 2025 using the SW Empress, one of the […]

Bergen, 20 June 2025 – Shearwater Geoservices AS (“Shearwater”) has been contracted by Equinor to perform a 4D towed streamer seismic survey over the Tyrihans field in Norway. It is the first project awarded under the 2021 Equinor frame agreement following a recent extension for an additional two years. The one-month Norwegian Sea survey commences […]

Bergen, 28 May 2025 – Shearwater Geoservices AS (“Shearwater”) today published its first quarter 2025 results. Revenue was USD 189.4 million compared to USD 123.4 million in the first quarter 2024. EBITDA was USD 58.1 million compared to USD 15.1 million in the first quarter 2024.  Key takeaways:  Strong operational performance in line with expectations  […]

The spark that started it Harmony came to life with a challenge that sparked a bold idea. When energy companies started to call for a low-frequency source in tenders, it quickly became clear that access to the necessary technology via third-party vendors was limited—and the associated costs were simply uneconomical. It forced a moment of […]

Bergen, 23 May 2025 – Shearwater Geoservices AS will publish its first quarter 2025 results on 28 May 2025 approximately at 16:30 CEST.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 17:00 CEST. Webcast:You can follow the presentation via […]