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Home›Business & Finance›U.A.E: Polarcus Signs LoI with TGS for 3D Seismic Vessel Polarcus Amani
Business & Finance

December 6, 2011 · about 14 years ago

U.A.E: Polarcus Signs LoI with TGS for 3D Seismic Vessel Polarcus Amani

Polarcus Limited announces that the Company has signed a Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 – 14 streamer 3D seismic vessel POLARCUS AMANI. The charter, of minimum 5 months duration and subject to the execution of a service contract, will commence

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Polarcus Limited announces that the Company has signed a Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 – 14 streamer 3D seismic vessel POLARCUS AMANI.

The charter, of minimum 5 months duration and subject to the execution of a service contract, will commence in April 2012 immediately after vessel delivery and shakedown.

POLARCUS AMANI is the first of two 12 – 14 streamer 3D seismic vessels ordered in November 2010 from Ulstein Verft AS of Norway. The vessels are being built to the ULSTEIN SX134 design and feature a high ice class (“ICE 1A super”), increased propulsion and other innovative efficiency enhancing features. The two newbuilds are scheduled for delivery end Q1 and end Q2 2012 respectively.

[mappress] Subsea World News Staff , December 06, 2011; Image: Polarcus

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