Bergen, 29 August 2025 – Shearwater Geoservices AS (“Shearwater”) today published its third quarter 2025 results. Revenue was USD 146.5 million compared to USD 178.7 million in the third quarter of 2024. EBITDA was USD 5.2 million, a decrease from the year-ago period (USD 50.6 million) due to lower activity, changed project mix and recognition […]

Bergen, 27 November 2025: Shearwater Geoservices (“Shearwater”) has been awarded a contract by Sabah Shell Petroleum Company Limited for an ocean bottom node (OBN) 4D seismic survey at its operated field off the west coast of Sabah, Malaysia. The 4D acquisition will provide high-resolution time-lapse seismic data, used to support reservoir understanding and management at […]

Bergen, 26 November 2025 –Shearwater Geoservices AS will publish its third quarter 2025 results on 28 November 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 14:00 CET.  You can follow the presentation via webcast with supporting slides, […]

Bergen, 18 November 2025 – Shearwater Geoservices AS (“Shearwater”) is pleased to announce the third season of multi-client 3D seismic data acquisition in Pelotas Basin offshore Brazil. Building on the success of the previous Pelotas Basin campaigns, the survey will be conducted in partnership with Searcher Seismic, with solid industry funding. SW Empress, recognized as a […]

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 […]