Shearwater gets two Asia Pacific projects cancelled

Shearwater GeoServices said it has received project termination notices for two contracts in Asia Pacific.

The first termination includes a short project for Woodside in Australia.

The project is a part of Shearwater’s largest-ever 4D seismic campaign in the Asia Pacific.

The campaign covers new 4D acquisition over the Pluto, Brunello, Laverda, Cimatti and Vincent fields with an option for one additional field.

Likewise, Reliance has terminated the survey offshore India, announced on 28 January 2020.

Shearwater noted that clients had the right within the contracts to terminate the projects.