Shearwater awarded contract for another CCS survey offshore Australia

Shearwater said the project is due to start in the third quarter of 2026 and will be executed by the vessel SW Bly. The contract has an expected duration of 50 days.

Geophysical data collected by the company will be used to high grade and define future injection well locations and serve as a baseline survey for possible future 4D seismic monitoring.

The survey is Shearwater’s second carbon capture and storage-related survey in the Bonaparte Basin following a similar campaign in 2024.

Shearwater chief executive Irene Waage Basili said, “CCS will play an important role in supporting the energy transition. These surveys are a natural extension to our business, leveraging our technology and geophysical capabilities.”