New Wave Media

June 3, 2019

Polarcus Scores Wide-azimuth Project

Polarcus Naila (Photo: Polarcus)

Polarcus Naila (Photo: Polarcus)

UAE based marine geophysical company Polarcus announced on Monday that it has been awarded a wide-azimuth project to be acquired in the Americas.

Polarcus Naila and Polarcus Adira will perform the acquisition, and the project is expected to commence in early August 2019 with a duration of approximately four months; a total of eight vessel months.

Following this award, Polarcus said its fleet is 100% booked for the second and third quarters of 2019. Its fleet is currently 60% booked for the fourth quarter of 2019 and 45% booked for the first quarter of 2020.