Shearwater to embark on significant new Angolan OBN survey for TotalEnergies

Bergen, 09 October 2024, – Shearwater Geoservices Holding AS (“Shearwater”) is pleased to announce the award by TotalEnergies of an Angolan OBN project.

The deepwater OBN survey will be conducted by the dual ROV equipped SW Tasman, the fit for purpose seismic node laying vessel which was converted in 2023, and SW Gallien as source vessel. The survey will commence in January 2025, over a two and a half-month duration. Shearwater will utilise its compact high-endurance Pearl node for the project.

The work will be performed in Block 32 over the Louro and Mostarda fields where Shearwater previously completed a 4D streamer survey for TotalEnergies.

Shearwater CEO Irene Waage Basili commented, “We are very satisfied with the performance of our SW Tasman/Pearl OBN platform which has been in continuous operation since its introduction last year. We are pleased to see one more key client use this unique platform to introduce deepwater OBN to new areas of their operations.”

For further information:
Irene Waage Basili, CEO, Shearwater Geoservices, phone: +47 90 09 86 88
Kristian Rådal, Investor Relations Manager, phone: +47 99 23 61 58

About Shearwater Geoservices Holding AS:

Shearwater is a global marine geoscience and technology business that specialises in collecting data offshore. The organisation uses state-of-the art seismic vessels and equipment to explore the seabed and processes the data using market-leading proprietary software. These insights help clients understand the Earth and make informed decisions about accelerating responsible use of its resources. Shearwater’s headquarter is in Bergen, Norway, with more facilities all around the globe. The company employs around 1200 people.