Petroleum Africa
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Thursday, May 3, 2018
Shearwater GeoServices was awarded a few contracts for services offshore Morocco and West Africa. The first contract comes from Genel Energy for a 3D seismic acquisition on Morocco’s Sidi Moussa license.
Genel Energy’s 3D survey will be used to materially de-risk the prospectively of the Sidi Moussa license. The survey will include dual, FlexiSource and multi-azimuth shooting, for appraisal and exploration targets. In all, the volume of data to be acquired is equivalent to more than 3,500 sq km. The program is scheduled to start in Q3 2018 and is expected to take three to four months.
The two West African contracts come from an undisclosed client. The proprietary contract with the undisclosed new Shearwater client is for two surveys off West Africa this summer. The surveys will commence early in the second quarter and are expected to take five months in total to complete and cover approximately 10,000 sq km combined.
Shearwater will use the Polar Marquis for this contract. One of the surveys will be acquired with FlexiSource, which reduces wide-tow large survey acquisition time by a third compared to conventional dual source seismic acquisition.
“We are excited to work for Genel in Morocco where our vessels and crews have worked before. When also adding the award from the undisclosed client – and the recent award from TGS in the North Sea – our backlog has increased significantly, and we have expanded our client list. We see these awards as another confirmation of the attractiveness of the Shearwater’s fleet and our offering. The seismic market shows signs of strengthening, and we expect this to materialize into more awards in the time to come,” said Irene Basili, CEO of Shearwater.
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