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Polarcus secures 4D project in the Far East

Written by Customer Service on . Posted in Public Companies.

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) is pleased to announce a memorandum of agreement has been entered into with SCF GEO, a company in the Sovcomflot group to provide 4D marine seismic acquisition services in the Far East for a major E&P company.The program requires one Polarcus ICE-1A class vessel and will commence in Q2 2021, running for approximately 3 months.Contractual arrangements and associated third party approvals are expected to be finalized before end January 2021. ContactsHans-Peter Burlid, CFO
+971 50 559 8175
hp.burlid@polarcus.comLars Oestergaard, COO
+971 54 791 0564
lars.oestergaard@polarcus.com About PolarcusThis information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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