Shearwater GeoServices Bags Gambia 3D Gig
The provider of 3D marine seismic data, imaging products, and data processing software solutions, Shearwater Geoservices has been awarded a 3D Isometrix seismic acquisition project by FAR Gambia Ltd (FAR).According to a press release from the 50/50 joint venture between GC Rieber Shipping ASA and Rasmussengruppen AS, The one-month survey will cover parts of block A5 offshore Gambia in the rapidly emerging and prolific Mauritania, Senegal, Gambia, Guinea-Bissau, Conakry (MSGBC) Basin.The offshore survey service provider will be acquired by the SW Amundsen and provide new seismic over a shallow-wate
Shearwater to Buy Schlumberger’s Seismic Business
for the proposed transaction to $650 million.The $600 million in cash consideration to Schlumberger and $50 million for working capital purposes will be funded by $325 million in new cash equity and $325 million in debt financing. RASMUSSENGRUPPEN AS has fully underwritten the equity issue and GC Rieber Shipping ASA intends to subscribe for approximately $28 million (of the total of $325 million) before closing. The debt financing will be provided by DNB Bank ASA and Sparebank 1 SR-Bank ASA.Carnegie and DNB Markets has acted as financial advisor to Shearwater in connection with the transaction and Arntzen
TGS Awards Seismic Survey Contract to Shearwater GeoServices
Shearwater GeoServices, jointly owned by GC Rieber Shipping ASA and Rasmussengruppen AS, has been awarded a new contract by geophysical company TGS. The project is expected to take approximately three months and is scheduled to be completed by the end of September, 2018. For the second consecutive year Shearwater has been awarded a contract for a seismic survey on the Atlantic Margin in the Norwegian Sea. The 2018 survey will cover 5,135 km2 and will be performed by one of Shearwater's high-end 3D vessels. The vessel will utilize FlexiSource and a wide tow spread, for
GC Rieber Charter Agreement with Reach Subsea
GC Rieber Shipping ASA has entered into a time charter agreement with Reach Subsea for the CSV Polar King to support Norwegian University for Science and Technology’s (NTNU) scientific operation under the MarMine Project in the mid-Atlantic ridge. The project will deploy ROV, AUV and grabs for seabed mapping and sampling for geological and biological research related to marine mining. Estimated duration is three weeks. “We’re excited to yet again take part in research and exploration activities in the North Atlantic region, an activity which forms an
DNV Helps Take the Strain on Subsea Lifting SWRs
life of the rope until it is duly discarded. The project will include relevant issues related to system integration, monitoring, condition assessment, inspection, maintenance, lubrication, production, etc. Partners are: Bridon, DMT GmbH & Co. KG, DOF Management, Farstad Shipping AS, GC Rieber Shipping ASA, Heerema Marine Contractors Nederland SE, Huisman Equipment BV, National Oilwell Varco (NOV), Redaelli, Rolls Royce Marine AS, Saipem, Technip UK Limited, TEUFELBERGER Seil Ges.m.b.H. and W. Giertsen Services AS.
February 2024
