The contract will be carried out by SW Tasman utilizing Shearwater’s Pearl node technology, with SW Gallien providing source operations during the acquisition campaign. This strategic contract spans three years and includes firm scopes in the first and the third years of the award period. In addition, the agreement includes a framework for potential award of additional projects during the contract period.
Operations are expected to commence in the fourth quarter of 2026, and to continue through 2027 with both vessels operating. The subsequent scope is expected to commence in late 2028 and continue for approximately 10 months.
“This award marks a milestone for Shearwater’s OBN platform consisting of our internally developed Pearl technology and our one-of-a-kind Tasman vessel design. We are proud to have secured this position in South America and look forward to continuing our contribution into the successful development of one of the world’s most important offshore basins,” said Irene Waage Basili, CEO of Shearwater.
