Polarcus receives LOI for 4D project offshore Denmark

December 18, 2015

DUBAI -- Polarcus has received a Letter of Intent (LOI) from Maersk Oil on behalf of the Danish Underground Consortium (DUC) for a 4D marine seismic survey offshore Denmark.

The project is due to commence in the second quarter of 2016, and it will run for approximately three months.

Commenting on this latest award, Rod Starr, CEO of Polarcus, said, "This is the company's fifth project award announcement in five days, clearly indicating that we are delivering on our strategy of optimizing utilization of the Polarcus fleet through focused regional campaigns."

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