​​​22nd December 2023

Developing Seismic Energy and Emission Reporting Standard

Shearwater, PGS and DNV launched a new Joint Industry Project (JIP) in August 2023 with the ambition of defining Key Performance Indicators (KPIs) for energy and emission reporting for the Seismic sector.

The JIP aims to establish a standardized reporting framework based on currently gathered data and operating modes enabled by the DNV reporting tool. In 2023 the basis for work has been carried out mapping needs and available information and getting ready for data tests. The work is expected to be concluded in Q1 2024.

Developing common KPIs and standardizing reporting for seismic offshore companies enables greater transparency and consistency on seismic energy and emission reporting.

Mikael Johansson, Senior Principal Consultant of DNV Maritime Advisory, says; “To be able to work jointly with the industry to develop relevant metrics to monitor energy and emission efficiency of the work carried out for seismic vessels that can be verified by third parties is very constructive for all stakeholders in the value chain.” 


For further information, please contact:
Knut Arild Langeland, Global ESG Manager, mobile: +47 997 69 691
Kristian Rådal, Investor Relations Manager, phone: +47 99 23 61 58

About Shearwater GeoServices Holding AS
Shearwater GeoServices Holding AS is a global, customer-focused and technology-driven provider of marine geophysical services. The company has the world’s largest fleet of high-end seismic vessels and a portfolio of proprietary technologies and software that provide customers with a full-range of towed streamer and ocean bottom geophysical acquisition techniques, efficient surveys and high-quality data. Shearwater has an industry-leading cost position and a strong balance sheet. Headquartered in Bergen, Norway, Shearwater is largely owned by RASMUSSENGRUPPEN AS, Schlumberger, and GC Rieber AS.