Six of the seven seismic acquisition ships previously operated by Polarcus have been acquired by Bergen, Norway, headquartered Shearwater GeoServices Holding AS. Polarcus went into liquidation after its lenders took possession of
Dubai-based seismic vessel specialist Polarcus (OSE: PLCS) is now in provisional liquidation. Following an application by Polarcus to the Grand Court of the Cayman Islands seeking the appointment of “Soft Touch Provisional
FEBRUARY 9, 2017 — Geophysical company Polarcus Limited is set to bareboat charter a second of the seven seismic vessels in its fleet to the SCF Geo subsidiary of Russia’s Sovcomflot. A
FEBRUARY 1, 2016 — More heads are rolling at seismic vessel operator Polarcus under what the geophysical company says is a plan providing it with “a business model to withstand a prolonged
JANUARY 6, 2016 — Dubai headquartered seismic vessel operator Polarcus Ltd (OSE: PLCS) today announced that key stakeholders had agreed a restructuring that, it says, will see its balance sheet “significantly improved.”
AUGUST 19, 2013 — Polarcus Limited (OSE: PLCS) today issued the following additional information on the the law suit filed against it by WesternGeco L.L.C. (See earlier story). Following is the text
