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Polarcus Ltd. Company News
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Polarcus Shrinks Workforce by 20 Percent
Various measures should reduce the company's operating costs by about $7 million.
8:00 PM EST | June 22, 2020
Polarcus Secures Data Acquisition Project in Asia Pacific
Dubai-based marine geophysical company Polarcus Ltd. announced Friday that it has been awarded a contract for a broadband 3D marine seismic project in Asia Pacific.
7:00 PM EST | November 10, 2016
Polarcus Bags Broadband 3D Marine Seismic Contract in Australasia
Polarcus bags a contract to provide broadband 3D marine seismic project in Australasia.
8:00 PM EST | September 22, 2016
Polarcus to Conduct European 3D Seismic Acquisition
Polarcus Limited receives a letter of intent to conduct a 3D marine seismic acquisition in Europe, utilizing its XArray multiple source acquisition method.
8:00 PM EST | September 22, 2016
Polarcus Secures 3D Marine Seismic Acquisition Deal in Australia
Polarcus receives a letter of award for 3D marine seismic acquisition in Australia.
8:00 PM EST | September 14, 2016
Polarcus Secures 3D Seismic Survey Project Offshore South America
Polarcus Limited receives a letter of intent from an "undisclosed client" for a broadband 3D marine seismic survey offshore South America.
8:00 PM EST | June 14, 2016
Polarcus Secures Marine Seismic Contract in Indonesia
Polarcus Limited receives a letter of intent from an undisclosed client for a 3D marine seismic contract in Indonesia.
8:00 PM EST | April 11, 2016
Polarcus Secures 4D Survey Project Offshore Norway
Polarcus Limited will conduct a 4D survey project over a field offshore Norway in May this year.
7:00 PM EST | February 11, 2016
Polarcus is Setting Seismic Acquisition Performance Records Off Myanmar
Polarcus is setting seismic acquisition performance records offshore Myanmar.
7:00 PM EST | January 20, 2016
Polarcus Wins Australian, South American Seismic Projects
Seismic survey firm Polarcus wins a series of projects in Australia and South America.
7:00 PM EST | December 15, 2015
Polarcus Wins 3D Seismic Survey Deal
Norwegian seismic survey firm Polarcus receives letter of intent for a 3D marine seismic survey contract.
7:00 PM EST | December 14, 2015
Polarcus Completes 3D Seismic Program Offshore Australia's NWS
Polarcus, in collaboration with DownUnder GeoSolutions, completes a multi-client 3D seismic program offshore North West Shelf, Australia.
7:00 PM EST | November 12, 2015
FAR in Farm-in Option Agreement for Senegal Offshore Block
FAR Limited enters into a farm-in option agreement with a subsidiary of Trace Atlantic Oil Ltd for the Djiffere block offshore Senegal.
8:00 PM EST | September 23, 2015
Polarcus Receives LOI for a 3D Marine Seismic Project off West Africa
Polarcus receives a letter of intent to undertake a 3D marine seismic project offshore West Africa.
8:00 PM EST | September 17, 2015
Polarcus Awarded Broadband 3D Project in Myanmar
Polarcus is awarded a 3D marine seismic project, offshore Myanmar, from Shell Myanmar Energy.
8:00 PM EST | September 06, 2015
Polarcus 2Q Results: Riding Out the Seismic Storm
Seismic survey firm Polarcus reports 2Q results that show lower revenues and profits but it believes it is 'riding out the storm' in the seismic market.
8:00 PM EST | August 04, 2015
First Oil Achieved from Cidade de Itaguai FPSO Offshore Brazil
BG Group reports first oil from the Cidade de Itaguai FPSO vessel that is producing from the Iracema North area of the Lula field offshore Brazil.
8:00 PM EST | August 02, 2015
Polarcus Wins 3D Seismic Project
Polarcus wins a 3D marine seismic project that will use its RightBAND technology, but the client and location remain secret.
8:00 PM EST | August 02, 2015
Polarcus Commences Multi-Client Survey Offshore Northwest Africa
Polarcus Limited commences a new 3D broadband multi-client survey across the Mauritania-Senegal-Guinea-Bissau Basin, offshore northwest Africa.
8:00 PM EST | July 19, 2015
TGS to Buy Seismic Data Library from Polarcus
TGS signs a letter of intent to acquire Polarcus's multi-client seismic data library for $27.5 million.
8:00 PM EST | June 28, 2015
TGS, Polarcus Agree 3D Seismic Vessel Capacity Deal
Letter of intent will see Polarcus supply TGS with an estimated six months of 3D seismic vessel capacity in 2016.
8:00 PM EST | June 09, 2015
Polarcus Signs Seismic Services Deal with NAMCOR
Polarcus signs a deal to collaborate on seismic data acquisition and geoscience analysis with the National Petroleum Corporation of Namibia.
8:00 PM EST | May 28, 2015
Polarcus Halfway Through a 3D Seismic Assignment Off Western Australia
Polarcus completes 50 percent of a 3D seismic assignment offshore Western Australia.
8:00 PM EST | April 13, 2015
Polarcus Wins Offshore Norway Work for its Adira Seismic Vessel
Polarcus wins a contract with fellow seismic survey firm TGS-Nopec that will see its 3D seismic vessel Polarcus Adira operate offshore Norway from this month.
8:00 PM EST | April 08, 2015
Polarcus Sees Increase in Seismic Vessel Utilization
Polarcus reports that its seismic vessels saw an increase in usage during the first quarter of 2015.
8:00 PM EST | April 06, 2015
Polarcus Secures Additional Funding, Expands Project Offshore Australia
Polarcus secures additional industry prefunding enabling the expansion of the survey northwards with an additional 7,130 square kilometers.
8:00 PM EST | April 02, 2015
Polarcus Signs LOI for 3D Seismic Project in the UKCS
Polarcus signs a letter of intent to carry out 3D marine seismic project in the United Kingdom Continental Shelf in the second quarter of 2015.
8:00 PM EST | March 19, 2015
Polarcus Names Rod Starr as CEO to Succeed Rolf Ronningen
Polarcus names Rod Starr as CEO to succeed Rolf Ronningen as head of the Dubai-based marine geophysical company.
7:00 PM EST | January 11, 2015
Polarcus Receives Commitment for 3D Seismic Project in Australasia
Polarcus receives a commitment for a 3D marine seismic acquisition project in Australasia.
7:00 PM EST | January 07, 2015
Polarcus to Commence 3D Survey Over Roebuck Basin, Offshore NWS
Polarcus will commence 3D survey over the Roebuck Basin, offshore NorthWest Shelf, Australia.
8:00 PM EST | October 22, 2014
Polarcus: FAN-1 Opens Up West African Coastline for Exploration
Seismic survey operator Polarcus says Cairn Energy's recent FAN-1 oil discovery offshore Senegal could open up exploration along 500 miles of West African coastline.
8:00 PM EST | October 08, 2014
Polarcus Strengthens Company's Presence in Brazil
Polarcus strengthens the seismic services company's presence in Brazil.
8:00 PM EST | September 01, 2014