Polarcus in combined streamer and node seismic project for Dubai Petroleum

Business & Finance

Marine seismic player Polarcus has announced that a contract has been executed with Dubai Petroleum for a combined towed streamer and ocean bottom node (OBN) 3D seismic acquisition and processing project in the Middle East.

Source: Polarcus
Source: Polarcus

Polarcus said on Thursday that the project will start in 1Q 2019 and run for approximately three months. The towed streamer seismic will be acquired by Vyacheslav Tikhonov vessel.

The OBN acquisition services for the project will be provided by SAE Exploration.

The core Polarcus fleet is heavily booked in 1Q 2019 creating the opportunity to call on the Vyacheslav Tikhonov (ex-Polarcus Selma, currently on bareboat charter to the seismic division of Sovcomflot) to provide the marine seismic acquisition services with project management delivered by Polarcus, the company said.

Vyacheslav Tikhonov is an ultra-modern and high ice class 8 streamer vessel suited to 3D XArray exploration requiring cable separations of 160 to 200m. It was built to the ULSTEIN SX133 design and incorporates the ULSTEIN X-BOW hull.

Polarcus COO, Lars Oestergaard, commented: “We are delighted to be awarded a towed streamer seismic project that will be acquired in unison with an undershoot OBN component to address imaging challenges in obstructed areas. We see OBN as an important complement to towed streamer acquisition in certain environments. Our collaboration with SAE Exploration on this project is important to provide our client with seamless seismic operations and to deliver a high-quality imaging product, capitalizing on the strengths of the respective seismic technologies.”