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Polarcus was a marine geophysical company specializing in high-end towed streamer seismic acquisition services for the oil and gas industry worldwide. Founded in 2008 and headquartered in Dubai, UAE, Polarcus operated a fleet of modern, high-specification 3D/4D seismic vessels designed for efficiency and environmental responsibility. They were known for their innovative XARRAY™ seismic acquisition technology. In early 2021, Polarcus's seismic acquisition assets, including its fleet and operations, were acquired by Shearwater GeoServices, effectively integrating Polarcus into Shearwater's larger global operations. Polarcus as an independent entity ceased operations post-acquisition.
Served as the central hub for global operations, strategic planning, fleet management, sales, marketing, and corporate administration.
Located in Almas Tower, one of the prominent skyscrapers in the Jumeirah Lakes Towers (JLT) free zone, known for hosting commodity and service companies.
Polarcus fostered an international and dynamic work environment, emphasizing innovation, safety, and operational excellence in the demanding offshore seismic industry. The culture was performance-driven and focused on delivering high-quality geophysical data.
The Dubai HQ was strategically positioned to serve key oil and gas markets in the Middle East, Africa, and Asia, while also providing a global operational base.
Prior to its acquisition, Polarcus had a significant global presence, operating its fleet of advanced seismic vessels in all major offshore oil and gas basins worldwide. This included regions such as the North Sea, West Africa, Gulf of Mexico, South America, and Asia-Pacific. Its global functions were supported by strategically located offices for sales, project management, data processing liaison, and operational support.
Almas Tower, Level 31, Jumeirah Lakes Towers
Dubai
Dubai
United Arab Emirates
Address: CityPoint, 1 Ropemaker Street, London (example, verify specific address)
Strengthened client relationships and business development in the EAME sector, a critical market for seismic services.
Address: Energy Corridor, Houston (example, verify specific address)
Provided a direct presence in one of the world's largest oil and gas exploration and production markets.
Address: Central Business District, Singapore (example, verify specific address)
Facilitated business growth and project execution in the strategically important Asia-Pacific energy sector.
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As of April 2025, Polarcus' leadership includes:
Polarcus has been backed by several prominent investors over the years, including:
The most significant executive changes at Polarcus in its final 12-18 months of operation were primarily related to its financial restructuring efforts and ultimately its acquisition by Shearwater GeoServices in early 2021. This event led to the dissolution of the Polarcus executive team as the company's assets and operations were integrated into Shearwater.
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Polarcus likely used standard corporate email formats. Common patterns include first name initial followed by last name, or first name dot last name, at their domain polarcus.com. These formats are no longer active.
flast@polarcus.com (e.g., jdoe@polarcus.com) OR first.last@polarcus.com (e.g., jane.doe@polarcus.com)
Format
jsmith@polarcus.com
Example
0%
Success rate
Shearwater GeoServices • January 26, 2021
Shearwater GeoServices Holding AS announced it had reached an agreement with Polarcus Limited for Shearwater to acquire Polarcus’s fleet of seven seismic acquisition vessels, related equipment and intellectual property. This strategic move aimed to consolidate the marine seismic market....more
Offshore Engineer • March 31, 2021
Shearwater GeoServices announced the completion of the acquisition of Polarcus's seven seismic vessels, along with their streamers and related seismic equipment. The transaction included the Polarcus operating entities, intellectual property, and software....more
Splash247 • December 16, 2020
Polarcus announced it had entered into a standstill agreement with its lenders to facilitate discussions regarding a long-term financial solution for the company, amidst challenging market conditions in the seismic industry....more
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