Polarcus Limited (OAX: PLCS) announced today that Polarcus Nadia AS, a member of the Polarcus Group, today took delivery of Polarcus Nadia, a modern 12 streamer 3D seismic vessel built to the ULSTEIN SX124 design. The vessel was built at Drydocks World - Dubai in the United Arab Emirates.
Polarcus Nadia is a purpose-built seismic vessel incorporating the innovative ULSTEIN X-BOW® and designed to meet the exacting specifications for offshore seismic operations worldwide. The 88.8m double-hulled vessel incorporates some of the most recent developments in maritime systems and is fitted out with the most advanced seismic technology commercially available, including the latest generation Sentinel® solid streamers. Polarcus Nadia is one of the safest and most environmentally sound seismic vessels in the market with diesel-electric propulsion, high specification catalytic convertors, DP2 dynamic positioning, and advanced bilge water cleaning, enabling the vessel to conform to existing and envisaged IMO and Class rules and to comply with the Det Norske Veritas (DNV) stringent CLEAN-DESIGN and COMF-V(3) class notations.
Polarcus Nadia will transit imminently to West Africa to commence a charter for TGS-NOPEC Geophysical Company ASA (TGS).
Rolf Ronningen, CEO Polarcus, +971 4 436 0800 / +971 50 459 6982
Tom Henrik Sundby, CFO Polarcus, +971 4 436 0800 / +971 50 708 6480
Polarcus is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from pole to pole. Polarcus is launching a fleet of modern 3D seismic vessels using the innovative ULSTEIN X-BOW® design and incorporating advanced maritime technologies for improved operational efficiency with a reduced environmental footprint. Polarcus offers contract seismic surveys and multi client projects worldwide and has its principal office in Dubai, United Arab Emirates. For more information, visit www.polarcus.com