Polarcus secures Repsol contract

Dubai-based seismic operator Polarcus has announced that it has received a letter of intent from the Spanish oil company Repsol.

Under the agreement, Polarcus will deploy a seismic vessel to carry out a broadband 3D survey offshore Morocco, starting in the third quarter of 2016.

This is the second letter of intent Polarcus has obtained in the past month, the other a seismic project in Indonesia.