Polarcus Signs LOI for 3D Seismic Project in the UKCS

Dubai-based Polarcus Limited announced Friday that the company has signed a Letter of Intent with an undisclosed client for a 3D marine seismic project on the United Kingdom Continental Shelf (UKCS) utilizing Polarcus' RightBAND technique for broadband data acquisition.

The marine seismic project, which is subject to the execution of a service contract, will commence in the second quarter of 2015 and run for a duration of approximately 25 day.

Polarcus added that the client has an option for a second project immediately following of approximately 16 days.

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