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    Norway’s Shearwater Seals Shell Seismic Survey Contract

Summary

The multi-project contract will take the company's vessels to the UK, Norway and Australia.

by: Tim Gosling

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Natural Gas & LNG News, World, Corporate, Exploration & Production, News By Country, Australia, Norway, United Kingdom

Norway’s Shearwater Seals Shell Seismic Survey Contract

Norway’s Shearwater GeoServices has been awarded a multi-project contract to carry out seismic survey work for Shell.

The contract covers four separate surveys; three in the North Sea and one off the coast of Western Australia.

3D surveys of the Greeves and Blue Water fields in the UK sector will each take around one month to complete. A 4D survey on the Ormen Lange field of Norway, covering 1,000km2 will take two months and start by the end of June. 

A 3D survey off the coast of Western Australia covering 3,000 m2 is due to launch in the second half of 2019.

Shearwater suggests cost was a major factor in winning the contract. “The award represents an innovative contract structure which enables us to achieve additional cost efficiencies and share the benefit with our client,” CEO of Shearwater Irene Basili said. 

“As the leading acquisition specialist, driving operational efficiencies and cost savings within acquisition is at the core of our business,” she added.