Shearwater Geoservices Awarded Projects Equivalent to 8 Vessel Months in the Arabian Sea

Source Press Release
Company ENI S.p.A.Oman Oil Company 
Tags Exploration, Strategy - Upstream, Service Contracts, Strategy - Corporate
Date December 11, 2018

Eni Oman BV in partnership with Oman Oil Company Exploration and Production has awarded Shearwater GeoServices (Shearwater) a seismic survey in Block 52, offshore Oman. The survey, due to commence later this year, will be conducted by the Polar Empress and will take approximately 3 months to complete. The survey consists of 2,500 sqkm 3D, additional 800 km 2D acquisition and data processing.

Further, Oil and Natural Gas Corporation Limited (ONGC) has awarded Shearwater a 3D broadband marine seismic acquisition contract for the planned 2018/2019 field season. The surveys will take 5 months to complete, covering approximately 2000 sqkm, with the main streamer vessel mobilising in Q4 2018.

Irene Waage Basili, CEO of Shearwater comments: “We are proud to win these awards which represent repeat business for Shearwater, and a further deepening of our client relationships. This will be the third consecutive year that Shearwater will work for ONGC, and second for Eni. Together with the recent expansion of our fleet and technology offerings, we welcome this strong backlog which occupies our legacy Shearwater fleet through the winter season and into Q2 2019”.

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