Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) has been awarded an XArrayTM 3D marine seismic acquisition project.
The project duration is for up to ten vessel months and is expected to commence in Q3 2018, providing backlog for two vessels throughout Q4 2018 and in to Q1 2019.
Hans-Peter Burlid, CFO
+971 50 559 8175
John Scott, VP Sales & Marketing
+971 56 993 9978
Polarcus (OSE: PLCS) is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating leading-edge maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced onboard processing solutions and employs approximately 350 professionals worldwide. The Company's principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com