Norway – Equinor has handed out 4D towed streamer seismic acquisition contracts on the Norwegian continental shelf (NCS) to PGS and Shearwater GeoServices.
The agreements have a total estimated value of around NOK 700 million.
PGS and Shearwater will provide 4D seismic services on the NCS for a firm period of two years starting in 2021. The agreements include two two-year options and can also be applied for the UK continental shelf.
PGS has also secured a specific framework agreement for 4D seismic services at the Gullfaks field. The agreement comprises an exclusive right to acquire up to three surveys prior to 2031. The offshore operations will be supported by PGS’s office in Oslo and Shearwater’s offices in Bergen and Gatwick.