Shearwater congratulates the Northern Endurance Partnership (NEP), Net Zero Teesside Power (NZT Power), and Denmark’s Greensand project for reaching Final Investment Decision (FID) this week. These milestones represent important steps in advancing global carbon capture and storage (CCS) efforts, and Shearwater is proud to play a key role in enabling this progress.  Shearwater provided high-quality […]

Bergen, 03 December 2024: Shearwater Geoservices Holding AS (“Shearwater”) has been awarded a large 2D towed streamer seismic survey by Oil India Ltd, covering 14,500 line kilometers on the East Coast of India in the Bay of Bengal. The project, scheduled to commence early 2025, forms part of India’s National Seismic Program (NSP) and is […]

Safety is a key aspect of everyday work here at Shearwater. Whether onshore in our offices, warehouses, and manufacturing facilities or offshore on our vessels, maintaining the highest standards of safety ensures the well-being of our employees and clients, while driving successful operations on every global front. The PACE (Preventing Accidents by Controlling Exposure) program […]

Bergen, 29 November 2024: Shearwater Geoservices AS (“Shearwater”) today published its third quarter 2024 results. Highlights Q3 2024: High activity at the start of the quarter, followed by increased idle-time due to completion of several projects Revenues of USD 178.7 million compared to USD 267.3 million in Q3 2023 EBITDA of USD 50.6 million compared […]

Bergen, 29 November 2024 – Shearwater Geoservices Holding AS (“Shearwater”) has been awarded a contract for a large-scale 2D seismic survey on the continental shelf margin off the west coast of India. The project, which will span 15,500 line-kilometres, demonstrates Shearwater’s dedication to supporting India’s seismic exploration efforts.  SW Thuridur will be conducting this 2D […]

Shearwater and atNorth have teamed up to enable better energy efficiency in high-performance computing (HPC). It all started with the relocation of Shearwater’s HPC infrastructure from the UK to Iceland, where atNorth’s ICE02 data center is located. The results of this initiative speak for themselves, including an 85% cost reduction and a 92% decrease in […]

Bergen, 26 November 2024 – Shearwater Geoservices Holding AS (“Shearwater”) has received an LOA from ONGC for a large 3D seismic survey off the east coast of India. The high-capacity Oceanic Sirius will carry out the survey, covering an area of approximately 2,200 square kilometers, which is expected to take approximately 4 months, commencing early […]

Bergen, 05 November 2024: Shearwater Geoservices Holding AS (“Shearwater”) has been awarded a large 3D seismic survey by PETRONAS in Suriname. The project, covering 6,000 square kilometres, marks the continuation of Shearwater’s commitment to PETRONAS in this frontier area having previously performed acquisition work in Block 52. The Amazon Warrior has been allocated to the […]

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Bergen, 31 October 2024 – Shearwater Geoservices Holding AS (“Shearwater”) is pleased to announce the award of a deepwater OBN survey in West Africa. Starting in Q4 2024, this one-month survey will be the first to utilise the SW Tasman’s combined seismic source and dual ROV node deployment capability in a single vessel deepwater OBN […]