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Polarcus awarded XArray (TM) project in the Barents Sea

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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

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