Marine geophysical player Polarcus has received a letter of award from an unnamed client for the acquisition of a 3D marine seismic project in South America.
Polarcus said on Thursday that the project would begin in the first quarter of 2018 and had a scheduled duration of approximately two months.
The company did not reveal any financial details nor the name of the vessel to be used for the project.
Recently, Polarcus extended a collaboration agreement with Norwegian geophysical player TGS for an additional year. The two companies signed the initial deal regarding a multi-client collaboration and vessel agreement back in October 2016 .
Also, TGS extended its vessel commitment with Polarcus to the end of 2018 for up to 10,000 square kilometers.
Offshore Energy Today Staff