GC Rieber Shipping ASA's 20% owned geoservices company Shearwater GeoServices ("Shearwater") has announced the award of a seismic acquisition and depth processing contract by Türkiye Petrolleri Anonim Ortakligi (TPAO).
The survey contract covers an area of 2200 sqkm and includes fast track processing, followed by full time and depth processing. Work will commence in Q2 2019 and will be conducted by the Polar Empress.
About GC Rieber Shipping:
GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic.
The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels. GC Rieber Shipping currently operates 11 and has direct and indirect ownership in 23 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments.
The company has its headquarter and a ship management office in Bergen, with an additional 50 % owned ship management company in Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo Børs with ticker RISH.