The awarded contracts comprise three 2D projects representing 13 vessel months of backlog, and two 3D projects for a further eight vessel months
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of multiple contracts by a repeat customer for seismic surveys offshore India. The contracts represent a total of approximately 21 vessel months of activity.
The awarded contracts comprise three 2D projects representing 13 vessel months of backlog, and two 3D projects for a further eight vessel months. Shearwater will deploy several vessels from its active fleet for the surveys which are scheduled to commence in October 2022 with completion by June 2023.
“We have extensive experience operating in India and are ideally suited to provide our repeat customer with high-quality geophysical data using our modern, high-capacity, flexible fleet,” said Irene Waage Basili, CEO of Shearwater. “The scale of these awards and a strong pipeline of additional contract opportunities reflect the improving marine seismic market and increased demand from clients seeking to secure seismic vessels and crews for this winter.”
Source: Company Press Release