Unconventional Wisdom from Dolphin Geophysical CEO
Atle Jacobsen, the CEO of Dolphin Geophysical, is, in many ways, a bit of a paradox. An experienced, no-nonsense, veteran of the marine seismic surveying industry, he is also disarmingly easy to “talk shop” with, engaging and has an obvious thirst for new ideas and technology. But the core contradiction lies in his approach to business. This is a man that shows no qualms about ripping up the rulebooks and making brave decisions, but at the same time there is a steadfast caution that underpins the very essence of the Dolphin business model.
Offshore Shares Are Leading The Way
Offshore shares on the Oslo Stock Exchange continued to rise in November, buoyed by the continuing high oil price and expectations of increased level of activities from oil companies in the year 2000. After a few dismal months, offshore shares regained the positive position they have occupied for most of the year. Other maritime shares fell during November so it was offshore and cruise that carried the Shipping Index to a 1.9 percent rise for the month and the rise of 36.2 percent for the year so far. TGS Nopec Geophysical Company (TGS), a seismic operator with a market cap of about NOK 2 billion, was up 33 percent in November. TGS, one of the most heavily traded shares in Oslo, both within the offshore sector on the exchange and throughout, is up 164 percent so far this year.