Seismic player Polarcus has received a letter of intent (LOI) from an undisclosed client for a 3D marine seismic deal in Indonesia.
The survey will be acquired by utilizing Polarcus’ XArray technique, the company said in Oslo Stock Exchange filing on Tuesday.
Cameron Astill , senior vice president Asia Pacific, said: “It is a significant milestone to be awarded our first project in Indonesia. We look forward to deliver our client a high quality and efficient survey with the Polarcus XArray(TM) technique utilizing our triple-source configuration.”
The project is scheduled to start in the third quarter of 2016 and should run for approximately two months.
Subsea World News Staff