Polarcus, TGS extend cooperation

Polarcus has extended its collaboration agreement with TGS-NOPEC by a further year.

Offshore staff

DUBAI, UAE – Polarcus has extended its collaboration agreement with TGS-NOPEC by a further year.

The companies will continue to jointly develop selected 3D multi-client projects, and TGS will prolong its vessel commitment with Polarcus to the end of 2018 for up to 10,000 sq km (3,861 sq mi).

One project covered under this commitment is the recently announced XArray project in the Gulf of Mexico.

Duncan Eley, Polarcus’ CEO, said: “Polarcus acquired over 15,000 sq km [5,791 sq mi] of high quality broadband 3D seismic data for TGS during 2017 and the collaboration will further drive vessel utilization in 2018.”

01/05/2018

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