Polarcus Limited (Polarcus) announced earlier today that the Company has received a Letter of Intent ("LOI") for an XArray(TM) project in the Norwegian-Barents Sea for an undisclosed client.

Polarcus awarded XArray(TM) project in the Barents Sea

Image courtesy: Polarcus

The survey is due to commence in August 2016, after required authorization has been obtained, and will run for approximately 4 weeks.

This extends the Polarcus North West Europe campaign and replaces the previously announced project in Morocco which will no longer be acquired by Polarcus.

Source: Polarcus