Polarcus awarded wide-azimuth project offshore in the Americas

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announces that an award has been received for a wide-azimuth project to be acquired in the Americas. Polarcus Naila and Polarcus Adira will perform the acquisition.The project is expected to commence in early August 2019 with a duration...

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announces that an award has been received for a wide-azimuth project to be acquired in the Americas. 

Polarcus Naila and Polarcus Adira will perform the acquisition.

The project is expected to commence in early August 2019 with a duration of approximately four months; a total of eight vessel months. 

Following this award, the Polarcus fleet booked capacity is as follows:

Q2-19: 100%

Q3-19: 100%

Q4-19: 60%

Q1-20: 45%

 

Contacts

Hans-Peter Burlid, CFO
+971 50 559 8175
[email protected]

Lars Oestergaard, COO
+971 54 791 0564
[email protected] 

 

About Polarcus

Polarcus (OSE: PLCS) is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to Pole. Polarcus operates a fleet of high performance seismic vessels with 3D and 4D imaging capabilities, which incorporate leading-edge maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced onboard processing solutions. The Company services its clients globally from its head office in Dubai and regional offices located in Houston, London and Singapore. For more information, visit www.polarcus.com

 

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