Polarcus establishes Brazilian subsidiary

Polarcus has established Polarcus do Brasil, a new Brazilian subsidiary.

Offshore staff

DUBAI -- Polarcus has established Polarcus do Brasil, a new Brazilian subsidiary.

The company has also entered into an agreement with local services company Bratexco Representações e Serviços em Energia for assistance with business development activities across Brazil.

“Brazil's rapidly evolving E&P market provides a ready opportunity for us to apply our modern 3D seismic fleet,” says Rolf Ronningen, CEO Polarcus. “We believe we bring something new to the market to assist in the responsible development of the country's hydrocarbon resources.”

10/20/2010

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