GC Rieber Shipping: Shearwater GeoServices acquires streamers and renews fleet

GC Rieber Shipping ASA’s 17% owned geoservices company Shearwater GeoServices Holding AS (Shearwater) today announced two transactions to take over marine seismic acquisition assets previously owned by Polarcus, from Tiger Moth AS, a company affiliated with Woodstreet Inc. Shearwater has acquired streamers and related seismic equipment for a total cash consideration of USD 50 million. …

The post GC Rieber Shipping: Shearwater GeoServices acquires streamers and renews fleet first appeared on Hellenic Shipping News Worldwide.

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