What happened to Polarcus?
Polarcus Limited, a seismic surveyor in liquidation, is set to be wound down and delisted from the Oslo Stock Exchange. As previously reported, in January this year, lenders took control of the company’s vessels after a debt payment default, and decided to sell them and let go all the employees.
Who will buy Polarcus vessels?
PXGEO Seismic Services
PXGEO Seismic Services has entered into binding agreement to acquire Vyacheslav Tikhonov vessel from its current owner Polarcus, subject to the sanction of the Grand Court of the Cayman Islands. The transaction is expected to be completed in the second quarter of 2021, according to PXGEO.
What does Polarcus amani do?
New name: SW Bly. A 3D 12-14 streamer seismic research vessel carrying the ICE-1A* and Winterized Basic notations from DNV. Can operate in first-year ice of up to 1 m without the assistance of icebreakers.
What is a seismic vessel?
Seismic vessels are ships that are solely used for the purpose of seismic survey in the high seas and oceans. A seismic vessel is used as a survey vessel for the purpose of pinpointing and locating the best possible area for oil drilling in the middle of the oceans.
What is the largest man made moving object on earth?
The heaviest man-made object ever moved is the Gullfaks C installation, whose displacement during its tow to the Gullfaks field, in the northern part of the Norwegian North Sea, was between 1.4 and 1.5 million tonnes (3.08 to 3.3 billion lb) at 210 m (688 ft 11.7 in) tow draft.
How do seismic vessels work?
Seismic vessels are specialized ships which are used to carry out seismic surveys at sea. They use survey-induced seismic pulses to image subsurface formation. Read here to know more about the types of seismic operations carried out at the sea.
What is a seismic survey used for?
A seismic survey is a low impact, non-invasive method of gathering information about the location and characteristics of geological structures beneath the Earth’s surface. This information is used to produce maps of structures identifying areas where gas deposits may be found.
What are seismic methods?
Seismic methods are the most commonly conducted geophysical surveys for engineering investigations. These vibrations are seismic waves. The vibration is merely a change in the stress state due to a disturbance. The vibration emanates in all directions that support displacement.
How are seismic surveys carried?
A seismic survey is conducted by creating a shock wave – a seismic wave – on the surface of the ground along a predetermined line, using an energy source.
What is offshore seismic survey?
Seismic surveying is a technique used to explore the layers of rock below the seabed for geologic features that indicate the presence of oil or gas. Seismic waves are generated from a surveying vessel, travel down through the water and seabed and reflect back off the different layers of rock.