Polarcus awarded XArray (TM) project in the Barents Sea
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
Polarcus Limited has announced that the company has received a Letter of Intent ("LOI") for an XArray(TM) project in the Norwegian-Barents Sea for an undisclosed client.
The survey is due to commence in August 2016, after required authorisation has been obtained, and will run for approximately four weeks.
This extends the Polarcus North West Europe campaign and replaces the previously announced project in Morocco which will no longer be acquired by Polarcus.
Adapted from a press release by Louise Mulhall
Read the article online at: https://www.oilfieldtechnology.com/exploration/13062016/polarcus-awarded-xarray-tm-project-in-the-barents-sea/
You might also like
Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project
The agreement is to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25, located in Central Oklahoma, US.