290 results
REPORTS AND PRESENTATIONS Investor relations REPORTS Shearwater GeoServices AS COMPANY PRESENTATIONS Pareto Securities’ Energy Conference 2025 Sparebank1 Markets Energy Conference 2025 DNB HY Conference – December 2024 Pareto Energy Conference 2024 Shearwater Q1 Energy Conference 2024 GET IN TOUCH
Corporate Governance Investor relations CORPORATE GOVERNANCE As a Norwegian private limited group, Shearwater must comply with the Norwegian Private Limited Liability Companies Act and all other applicable laws and regulations. Shearwater endorses the Norwegian Code of Practice for Corporate Governance which is reflected in the Group’s corporate governance policy. The policy is designed to establish […]
Bergen, 7 January 2025 – Shearwater Geoservices AS (“Shearwater”) is pleased to announce the commencement of the second season of acquisition for the Pelotas Basin multi-client 3D seismic survey in Brazil, conducted in partnership with Searcher Seismic. This new acquisition will be the sixth multi-client 3D project for the joint venture and will utilise the SW […]
Bergen, 2 January 2024: Reference is made to the announcements on 5 April and 19 December 2024 made by Shearwater Geoservices AS (the “Company” or “Shearwater”) published on the Company’s website regarding, respectively, the successful placement of a USD 300 million senior secured first lien bond (the “Bonds”), and the approval by the Financial Supervisory […]
DEbTINFORMATION Investor relations BOND INFORMATION Senior Secured USD 350 million bonds Issue date: 4 April 2024 Maturity date: 4 April 2029 Cupon: 9.50%, payable semi-annually ISIN: NO0013182766 Prospectus BANK FACILITIES Senior Secured USD 300 million Term Loan facility Established: 4 April 2024 Maturity: 4 April 2029 Amortisation: USD 12.5 million quarterly instalments Interest: 3M SOFR […]
Bergen, 20 December 2024: Shearwater Geoservices Holding AS (“Shearwater”) has received a work order from Petrobras to start one of the two 4D projects in Brazil covering the Jubarte and Tartaruga Verde fields in the Campos Basin area. The eight-month commitment, the award of which was previously announced 4th Jan 2023, will be utilising Shearwater’s […]
Bergen, 19 December 2024: Reference is made to the press release by Shearwater Geoservices Holding AS (“Shearwater”) on 5 April 2024 about the successfully placed USD 300 million senior secured first lien bond due 3 April 2029 (the “Bonds”), issued by Shearwaters wholly owned subsidiary Shearwater Geoservices AS (the “Company”). On 19 December 2024, the […]
Bergen, 17 December 2024: RASMUSSENGRUPPEN AS has executed two separate transactions, increasing the ownership in Shearwater Geoservices Holding AS to 88.8% of the shares outstanding. The first transaction is the conversion of the interest-bearing convertible loan provided to Shearwater in 2021 as part of the financing of vessel and streamer investments. In December 2024, the […]