Read Authentic Ratings for the Sanco-Sword

In a significant development for the maritime industry, Oslo-based Dolphin Geophysical has announced today the receipt of a notice regarding the termination of time charters from Sanco Shipping. This notice affects two of its seismic vessels, the Sanco Swift and Sanco Sword. Dolphin Geophysical is now assessing the validity and implications of this charter cancellation, particularly in light of the current challenging market conditions. The situation underscores the volatility in maritime operations as companies navigate through unprecedented economic landscapes.

Oslo: In a groundbreaking achievement, Dolphin Group has successfully mobilized the world’s largest floating object offshore Myanmar, deploying a seismic spread consisting of an impressive 12 streamers. These streamers span a remarkable 7,050 meters in length, maintaining a separation of 150 meters. This ambitious project, awarded in February by Ophir Energy, encompasses the acquisition and processing of 3D seismic data over an extensive area of 10,000 square kilometers. The setup features a considerable moving width of 1,850 meters, with the seismic spread coverage reaching approximately 12 square kilometers. Bjarne Stavenes, Vice President of Technical Affairs at Dolphin Group, stated, “Following a swift mobilization, our vessel, Sanco Sword, is now operating at a steady pace, acquiring up to 150 square kilometers per day. This achievement is believed to set a new world record in our industry, and we anticipate that Sword will establish a new standard for productivity in the future.” Source: Splash 24/7

Dolphin Geophysical has announced that it will continue its seismic operations in the Kara Sea, following a confirmation from the Export Control Division of the Norwegian Foreign Department. This recent development clarifies that the seismic contract awarded to Dolphin is not affected by the ongoing trade sanctions against Russia. Atle Jacobsen, the CEO of Dolphin, expressed gratitude for the prompt and clear guidance provided by Norwegian authorities, stating, “Dolphin is extremely appreciative of the prompt reply and clear guidance from the Norwegian Authorities on this difficult matter.” He further emphasized that this ruling allows Dolphin to maintain its presence in the increasingly significant Russian marine seismic sector. On September 5, Dolphin secured a three-month contract for 3D seismic survey operations in the Kara Sea, which will be executed using a state-of-the-art 16-streamer wide tow array.