Polarcus, ION Jointly Work on 3D Marine Multi-Client Projects

Polarcus Limited announces that the Company has entered into a three year agreement with ION Geophysical Corporation (“ION”) to jointly develop, execute, and market 3D marine multi-client projects to E&P companies worldwide.

The agreement combines Polarcus’ proven expertise in the 3D multi-client space with that of ION’s GeoVentures group’s expertise in delivering geologically-driven, basin-scale 2D multi-client surveys. The collaboration will leverage the expert resources and established third party relationships of both companies, and utilize ION’s BasinSPAN(TM) data library of over 450,000 kilometers to identify new project opportunities worldwide. Further, the combination of Polarcus’ RIGHTBAND(TM) acquisition proposition and ION’s WiBand(TM) data processing technology behind the Company’s fleet of advanced, high performance 3D seismic vessels will offer the industry leading edge multi-client data imaging.

Commenting on the agreement, Rolf Ronningen, CEO Polarcus said: “We are confident that this collaboration will bring value to our clients through the delivery of the highest quality multi-client projects, optimally designed to improve the understanding of the sub-surface geology. Specifically for Polarcus it will enable us to expand our 3D multi-client footprint, utilizing the combined resources and assets of Polarcus and ION to ensure we make the right project choices, and further provide additional stability and flexibility to our vessel scheduling across the globe.”

 

Press Release, July 26, 2013

Share this article

Follow Offshore Energy Today

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply