GC Rieber Shipping: Shearwater GeoServices Awarded Two Contracts, Adding 7 Vessel Months

Thursday 11 October 2018

GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog. The surveys will be starting in the first half of Q4 2018. The Mediterranean survey will take approximately two months, and the South East Asia surveys lasting 5 months.

The survey in the Mediterranean area covers approximately 1,300 sqkm and will utilize the Polar Empress. The contract in South East Asia covers two survey areas, totalling over 8,000 sqkm, and will be conducted by the Polar Duchess.

Shearwater GeoServices is a marine geophysical services company jointly owned by GC Rieber Shipping ASA and RASMUSSENGRUPPEN AS. The company has a fleet of four modern seismic vessels, a broad offering of high quality geophysical services including advanced software, processing and acquisition techniques, and two owners with complementary skills and collectively a long experience in the industry.