KEYFACT Energy
Polarcus Limited announces that certain Polarcus subsidiaries have entered into a memorandum of agreement with Sovcomflot GEO (SCF GEO), to provide 4D marine seismic acquisition services in the Far East for a major E&P company.
The program requires two Polarcus ICE-1A class vessels and will commence in Q2 2019 running for approximately 3 months, a total of 6 vessel months.
Contractual arrangements and associated third party approvals are expected to be finalized before end January, 2019.