Business Briefs

Polarcus, NAMCOR to collaborate offshore Namibia

May 29, 2015

Polarcus Ltd. and the National Petroleum Corp. of Namibia (NAMCOR) have signed a memorandum of understanding dealing with the exploration and development of Namibia's offshore petroleum resources.

Offshore staff

DUBAI, UAE –Polarcus Ltd. and the National Petroleum Corp. of Namibia (NAMCOR) have signed a memorandum of understanding (MoU) dealing with the exploration and development of Namibia's offshore petroleum resources. The collaboration will comprise various geoscience initiatives and the provision of specialist business support services.

Under the terms of the MoU, Polarcus and NAMCOR will work together to identify opportunities and develop initiatives to enhance and promote petroleum potential. Polarcus will provide 3D/4D marine seismic acquisition and processing services together with its geoscience expertise.

05/29/2015