Stock Exchange Notice
Date: 11 September 2019
GC Rieber Shipping: Shearwater GeoServices awarded large South America survey
GC Rieber Shipping ASA's 20% owned geoservices company Shearwater GeoServices is pleased to announce the award of a large survey to be acquired in South America starting in Q4 2019.
The 6-month project covers approximately 8,500 sq. km and will be acquired by the Amazon Warrior using 14-streamers and Flexisource triple source. The Amazon Warrior is equipped with a Qmarine streamer system and has been working offshore Brazil since March 2019 and is designed to execute safe, high productivity seismic data acquisition in harsh environments.
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 11 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.