Dolphin's New 3D Seismic Vessel Fully Operational
is one of the most advanced vessel in the industry. Polar Empress has a capacity to operate up to 22 seismic streamers, a total installed engine capacity of 22,800 KW, a bollard pull in excess of 275 tons and a top transit speed in excess of 20 knots, the company said. Dolphin’s CEO Atle Jacobsen commented, "The new high capacity vessel, Polar Empress, is the last high end vessel in a series of six, rigged and delivered according to our business plan over the last four years. She will be one of the most advanced and powerful seismic vessels in the world, fully equipped with Schlumberger's
Dolphin Reports Improved Operating Margins
season of 4D production seismic contracts The new high-capacity 3D vessel, Sanco Swift, came swiftly into production Q3 2013 subsequent events Order backlog at historical high level of $140 million Secured additional bank financing for planned seismic equipment purchase in 2014 Atle Jacobsen, Dolphin Group CEO commented, "Dolphin delivered solid operating margins for third quarter with EBIT of 25%, driven by improved contract prices and high vessel efficiency. As for the entire seismic industry, Dolphin also experienced low Multi-Client late sales and a competitive market for
Unconventional Wisdom
Atle Jacobsen CEO, Dolphin Geophysical Atle Jacobsen the CEO of Dolphin Geophysical, is, in many ways, a bit of a paradox. An experienced, no-nonsense, veteran of the marine seismic surveying industry, he is also disarmingly easy to ‘talk shop’ with, engaging and has an obvious thirst for new ideas and technology. But the core contradiction lies in his approach to business. This is a man that shows no qualms about ripping up the rulebooks and making brave decisions, but at the same time there is a steadfast caution that underpins the very essence of the Dolphin business model.
North Sea Seismic Survey Contracts for Dolphin
months. Dolphin sat they will revert with further contract details when they present their 2013 guidance on or about 8 January 2013. "These early awards with major clients improve our earnings visibility and supports our view that we can expect a busy summer in the North Sea", says Atle Jacobsen, CEO. Dolphin Group ASA is the parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine geophysical services. Dolphin operates a fleet of new generation, high capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing
August 2025
