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Polarcus signs multi-client collaboration agreement with ION


Published Jul 30, 2013
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POLARCUS AMANI

Polarcus Limited has entered into a three year agreement with ION Geophysical Corporation (ION) to jointly develop, execute, and market 3D marine multi-client projects to E&P companies worldwide.

The agreement combines Polarcus' proven expertise in the 3D multi-client space with that of ION's GeoVentures group's expertise in delivering geologically-driven, basin-scale 2D multi-client surveys. The collaboration will leverage the expert resources and established third party relationships of both companies, and utilize ION's BasinSPAN(TM) data library of over 450,000 kilometers to identify new project opportunities worldwide.

Further, the combination of Polarcus' RIGHTBAND(TM) acquisition proposition and ION's WiBand(TM) data processing technology behind the Company's fleet of advanced, high performance 3D seismic vessels will offer the industry leading edge multi-client data imaging.

Tags: Polarcus Limited




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