Total taps Shearwater for seismic survey in Black Sea

Business & Finance

Shearwater GeoServices has been awarded a large towed streamer 3D acquisition and fast track processing project in the Black Sea by Total E&P Bulgaria.

Oceanic Vega; Source: Shearwater

Shearwater said on Monday that the contract award followed an active 2019 season in the Black Sea for Shearwater.

The survey covers 5,500 sq. km in the Han Asparuh block 1-21 using Flexisource triple source together with Fast Track processing enabled by Shearwater’s proprietary Reveal software.

The three-month survey is scheduled to start in 1Q 2020 and it will be carried out by the Oceanic Vega vessel.

“Shearwater has a strong working relationship with Total from the execution of multiple projects and we have through 2019 built a unique working experience in the Black Sea,” said Irene Waage Basili, the CEO of Shearwater GeoServices.

“The combination of these two strengths, positions this project for success. We welcome the award and the opportunity to work for Total in Bulgaria.”