Polarcus opens first office in Norway

5/29/2014

Polarcus opens first office in Norway

DUBAI, United Arab Emirates -- Polarcus has opened its first office in Norway to better service and support the company's operations across Norway. The new office is situated in the center of Stavanger and complements the global network of regional marketing offices in London, Houston, Singapore, Moscow, and Rio de Janeiro.

Polarcus has had very close ties with Norway from the company's inception in 2008, including successfully listing its shares through an IPO on the Oslo Bors in September 2009 before commencing its first 3D seismic operations offshore Norway in June 2010. This first project was acquired for Gassnova SF, the Norwegian state enterprise for carbon capture and storage (CCS). Polarcus also built its two latest vessels, Polarcus Amani and Polarcus Adira, at the Ulstein Yard in Norway.

Polarcus has continued to expand its footprint in Norway ever since, successfully acquiring both proprietary and multi-client projects in the Norwegian and Barents Seas.

Bengt Magnussen, Polarcus' newly appointed Business Development Manager for Norway is based in the new office in Stavanger.

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