Written by TGS | 06 April 2011
ASKER, NORWAY (6 April 2011) - TGS announces that it has signed a Letter of Intent with Dolphin Geophysical AS to charter the M/V Polar Duke for 3D multi-client projects in Europe during the 2011 summer season. The charter will begin in May 2011 and will last for a minimum of 3 months. The agreement also provides an option for TGS to extend the charter in two increments (2 + 6 months) under fixed commercial terms.
The details of the individual projects to be completed under this charter will be announced separately.