Polarcus Signs Seismic Services Deal with NAMCOR

Polarcus announced Friday that it has signed a memorandum of understanding with the National Petroleum Corporation of Namibia that will see it collaborate with NAMCOR on geoscience initiatives and also provide specialist business support services.

The deal will see Polarcus provide 3D and 4D marine seismic acquisition and processing services together with its geoscience expertize to help promote industry investment offshore Namibia.

Stephen Doyle, Polarcus's senior vice president for multi-client operations, commented in a company statement:

"Namibia has an extensive yet still relatively unexplored shelf and we are excited at the opportunity to collaborate with NAMCOR on several initiatives to assist in realizing Namibia's full potential. The country has seen an upturn in exploration activity over recent years with encouraging results that justifies further exploration and development to unlock Namibia's petroleum resources."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  What Should Go On Your Electrical Engi... (Jul 25)
 -  AECOM to Lead Permitting for Monkey Is... (Jul 25)
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Geotechnical Engineer
Expertise: Geoscience Technician|Geotechnical Engineer
Location: Bothell, WA
 
Environmental Geologist
Expertise: Chemical Engineering|Geologist
Location: Tacoma, WA
 
Entry Level Hydrogeologist
Expertise: Chemical Engineering|Geologist
Location: Denver, CO
 
search for more jobs

Brent Crude Oil : $50.2/BBL 3.29%
Light Crude Oil : $47.89/BBL 3.34%
Natural Gas : $2.94/MMBtu 1.37%
Updated in last 24 hours