Meet us atEAGE 2026 We’re heading to EAGE 2026 in Aberdeen to explore how data-driven geoscience fuels the energy transition. Join the conversation at booth 133 GLOBAL UPSTREAMLEADERS PANEL Shearwater’s CEO, Irene Waage Basili, will take the stage at the EAGE 2026 Global Upstream Leaders Panel in Aberdeen. Together with fellow industry leaders, she will […]

ELEMENTIIMAGING THE REAL WORLD NO SHORTCUTS. NO APPROXIMATIONS Conventional full-waveform inversion has long relied on finite difference methods. They work. But they come with real limits: complex geometries, material heterogeneities and intricate boundaries are where they struggle. Elementi uses the spectral element method to model the subsurface as it truly is. The result is accurate […]

NIGERIAOGANIHU UNLOCKING NIGERIA’S NEXT ENERGY ERA Nigeria is actively unlocking oil and gas exploration through the Petroleum Industry Act (PIA) of 2021, with the launch of a landmark 2025 licensing round offering 50 new blocks. This aligns with Nigeria’s ambitions to hit a production target of 2mmbopd by 2027 and 3mmbopd by 2030. As Africa’s […]

Bergen, 30 April 2026: Shearwater Geoservices AS (“Shearwater”) today publishes its annual report for 2025. The report is attached and is also available at www.shearwatergeo.com. Additionally, Shearwater Geoservices Holding AS also published its 2025 annual report, which is available at www.shearwatergeo.com. For further information, please contact:Kristian Rådal, Head of Investor Relations, phone: +47 99 23 […]

ArafuraBasin ARAFURA UNVEILED: MAPPING ENERGYFRONTIERS The Arafura Basin in southern Papua represents one of the last great frontiers in exploration offshore Indonesia. Long overlooked, this vast geological setting within Indonesia is now emerging with immense potential—poised for discovery and growth. Indonesia has been extensively surveyed, yet its sheer scale leaves many regions underexplored. The Arafura […]

PELOTASBASIN A RISING GLOBAL EXPLORATION HOTSPOT The Pelotas Basin, located offshore southern Brazil, represents a large and still largely underexplored frontier along the South Atlantic margin, offering long‑term exploration potential within a stable and well‑established offshore jurisdiction. Exploration activity to date has been limited and largely based on legacy data. Its tectonic position along the […]

FOZ DOAmazonAS A WORLD-CLASS FRONTIER, ANCHORED IN PROVEN ANALOGY The Foz do Amazonas Basin shares the same fundamental geological framework as the Guyana and Suriname basins, which have already delivered major oil discoveries. All three sit along the Equatorial Atlantic margin and developed under similar conditions, resulting in comparable rock types and exploration plays. Despite […]

OrangeBasin A NEW CHAPTER FOR AFRICAN EXPLORATION Africa’s energy landscape is entering a new phase of opportunity. Demand is rising, oil and gas will remain a core part of the mix, and finding the barrels to meet it makes exploration as important as ever. While the multiclient market has historically faced challenges due to variable […]

Bergen, Norway, 24.04.2026 – Shearwater Geoservices AS (“Shearwater”) has through one of its wholly owned subsidiaries entered into an agreement for the sale of the 2012-built vessel SW Baret. The vessel is being sold to an undisclosed party for conversion to a dedicated source vessel. The agreed sales price for the vessel and associated equipment […]