Polarcus Extends Collaboration with Turkish Petroleum

January 4, 2016

 Polarcus Limited announced a two-year extension of the support services agreement with Turkish Petroleum covering seismic data acquisition management, maritime management and crewing support.

Reference is made to the stock exchange notice published by Polarcus on 02 January 2013 regarding long term collaboration agreements with Turkish Petroleum.
Through this extension, Polarcus will continue to provide Turkish Petroleum the support services required to deliver safe, efficient and high quality marine seismic operations onboard Turkish Petroleum's state of the art seismic vessel, Barbaros Hayreddin Pasa.
Turkish Petroleum CEO and President Besim Sisman commenting on the extension of the long term collaboration with Polarcus stated: "Turkish Petroleum values the expertise and commitment of Polarcus which delivers excellence in marine seismic operations. We have worked together in harmony for 3 years and done an excellent job."
"Polarcus is a leading partner that drives forward our business with advanced technology. I believe that the extension of the agreement will again ensure that the strong alliance between Turkish Petroleum and Polarcus continues for a long time,"  he added.

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