Shearwater Geoservices Signed Seismic Acquisition Contract
The energy services company has secured a three-year deal for ocean bottom node projects offshore South America.
Updated on Sept. 28, 2026 in Oil and Gas
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Shearwater Geoservices has finalized a three-year contract for ocean bottom node seismic acquisition services offshore South America. The agreement includes firm work scopes for the first and third years of the term.
Why it matters
This contract secures significant offshore activity for the company while establishing a framework that allows for the potential award of additional future projects. It leverages specialized vessel and node technology to manage complex seismic data collection.
The agreement spans a three-year term with a secondary work phase scheduled to last ten months. The project utilizes specific fleet assets, including the SW Tasman vessel equipped with Pearl node technology and the SW Gallien for source operations.
The players
Shearwater Geoservices
This company is a global provider of marine seismic acquisition and geophysical services for the energy industry.
The details
The project will deploy the SW Tasman vessel utilizing Pearl node technology, while the SW Gallien vessel is assigned to manage source operations. The firm has also negotiated a framework that provides for the potential award of additional projects throughout the duration of the agreement.
Timeline
Operations are expected to commence in the fourth quarter of 2026.
Work will continue throughout 2027 using both the SW Tasman and SW Gallien vessels.
The subsequent scope is scheduled to commence in late 2028.
Market Landscape
The use of advanced node technology reflects a broader industry shift toward high-fidelity seismic data collection in challenging deepwater environments. This deal positions Shearwater Geoservices to maintain a competitive footprint in the specialized offshore energy services market.
The contract ensures a stable pipeline of project activity for the company, which supports ongoing technological development in deepwater exploration. For industry stakeholders, the agreement signals continued investment in geophysical survey services offshore South America.
The takeaway
This agreement illustrates the long-term planning required to execute complex offshore seismic campaigns over multi-year horizons. The inclusion of potential project awards provides the company with flexibility to scale operations based on future energy market demands.
Further reading
For more information on market trends, visit the Oil and Gas section.
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