The Pelotas Basin is emerging as one of the most exciting frontier exploration areas in the world. Stretching along the southern coast of Brazil, this vast offshore basin holds immense potential—one that Shearwater and its partner, Searcher Seismic, are unlocking with cutting-edge seismic technology and a commitment to precision-driven insights, supporting energy security. When did […]

The energy sector has undergone a massive transformation in the past decade. From policy and regulatory changes in oil and gas exploration to technological advancements and a rising energy demand across the globe. As the market evolves, we need to adapt and reshape how we provide seismic data to the industry. Seismic plays a vital […]

Forward Looking Directions Number of nodes handled per day is a key challenge in seabed seismic node operations. In order to speed up deployment and recovery of nodes, we need to be handling more nodes in a shorter timeframe. This can be addressed by a combination of carrying an increased number of nodes per dive […]

Bergen, 05 March 2025 – Shearwater Geoservices AS (“Shearwater”) and TotalEnergies have signed a three-year firm capacity reservation agreement (“CRA”) for worldwide marine seismic streamer acquisition services. The CRA reflects the longstanding relationship between TotalEnergies and Shearwater straddling across geophysical data collection and analysis, supporting exploration effort, production monitoring and carbon capture and storage activities. […]

Bergen, 28 February 2025 – Shearwater Geoservices AS (“Shearwater”) today published its fourth quarter 2024 results. Highlights Q4 2024: Decreased streamer acquisition activity through the quarter in line with expectations Successful completion of expanded India OBN survey and mobilisation of the SW Tasman/Pearl node platform to consecutive West Africa contracts Mobilising for second Pelotas Basin […]

Bergen, 25 February 2025: Shearwater Geoservices AS (“Shearwater”) is today presenting at SpareBank 1 Markets 2025 Energy Conference. Please see the attached presentation, which includes the following preliminary operational data for the fourth quarter of 2024 and early 2025: Q4 average active fleet of 9.9 vessels, with 50% utilisation on the active fleet Year-end contract […]

Bergen, 24th February 2024: Shearwater Geoservices AS (“Shearwater”) announces the award of a large deepwater 4D OBN reservoir surveillance program by ExxonMobil Guyana. Under the award, Shearwater will commence a six-month survey starting in the first half of 2025. The field unit will be comprised of a Shearwater seismic vessel as source vessel, and a dual […]

Background Decarbonisation in the UK: Pioneering CCS and hydrogen solutions   The HyNet North West project is the UK’s foremost industrial decarbonisation project using hydrogen and carbon capture and storage (CCS) to reduce carbon emissions in industry, homes, and transport across northwest England and north Wales.   The project will store up to 10 Mtpa of captured […]

Shearwater Product Center Empowering Indigenous Homes with Solar Power In Shearwater, we strive to ensure secure access to energy resources for everyone. This commitment is the key driver behind our decisions and actions – Whether through innovative technologies or direct community engagement, our goal is to empower individuals and create opportunities by addressing barriers to […]

Responsible partner on land and at sea Impact & responsibility We are deeply committed to safeguarding the environment in which our people and partners live and work. We continuously evaluate our ways of working to protect the environment for future generations and make sure people are kept safe. Our 2024 performance 42.9% Reduction in CO2e […]