Stock Exchange Notice
Date: 18 November 2019
GC Rieber Shipping: Shearwater GeoServices awarded largest-ever 4D campaign in
the Asia Pacific region by Woodside
GC Rieber Shipping ASA's 20% owned geoservices company Shearwater GeoServices
has been awarded the largest-ever 4D seismic campaign in the Asia Pacific region
covering up to six fields operated by Woodside in Australia.
The campaign, planned to commence in Q4 2019, covers new 4D acquisition over the
Pluto, Brunello, Laverda, Cimatti and Vincent fields with an option for one
additional field. The 4D seismic campaign will improve Woodside's understanding
of the fields' production performance over time and provide data to guide future
field developments. This is the second 4D seismic campaign award by Woodside to
Shearwater following the baseline 4D program in Senegal earlier this year.
The campaign will be executed using the Amazon Conqueror, one of the world's
most advanced seismic vessels, purpose built for environmentally friendly
seismic acquisition, and equipped with Isometrix the leading multi-component
multi-sensor seismic streamer system.
For further information, please contact:
Einar Ytredal, CEO, GC Rieber Shipping, phone: +47 975 20 184
Øystein Kvåle, CFO, GC Rieber Shipping, phone: +47 479 02 919
About GC Rieber Shipping:
GC Rieber Shipping's business within offshore/shipping includes ownership in
specialized vessels, high quality marine ship management and project development
within the segments subsea, ice/support and marine seismic.
The group has a specialized competence in offshore operations in harsh
environments as well as design, development and maritime operation of offshore
vessels. GC Rieber Shipping currently operates 13 and has direct and indirect
ownership in 22 advanced special purpose vessels for defined markets within the
subsea, ice/support and marine seismic segments.
The company has its headquarter and a ship management office in Bergen, and an
additional 50% ship management company in Yuzhno-Sakhalinsk (Russia). The
Company is listed on Oslo Børs with ticker RISH.
Further information is available on the company's website www.gcrieber-
shipping.com.
This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act.