Norwegian Petroleum Directorate has awarded a contract for reprocessing of 2D seismic data in the Barents Sea to Shearwater GeoServices.
The contract includes reprocessing of 2D seismic data for two projects, including nearly 6,000km of pre-stack time migration re-processing and 2,500km of ‘shallow’ target and data analysis of 2D seismic data in Barents Sea.
Shearwater GeoServices processing and imaging VP Simon Telfer said: "These contracts represent continuation of processing work and a strong relationship with the Norwegian Petroleum Directorate since 2013, which has seen our geophysicists process over 36,000km of 2D seismic data from the Barents Sea regions for the NPD.
"In addition, the processing of many other 2D and 3D surveys from offshore Norway has given our geophysicists vast experience processing data from the Barents Sea and Norwegian Continental Shelf environments."
Jointly owned by GC Rieber Shipping and Rasmussengruppen, Shearwater GeoServices provides geophysical services.
The awarded contract is expected to make a significant contribution to its processing order book, strengthening its growth strategy.
Shearwater GeoServices has a fleet of four modern seismic vessels, a broad offering of geophysical services, including advanced processing and acquisition techniques.
In connection with the establishment of Shearwater, GC Rieber Shipping and Rasmussengruppen has invested $60m in equity.