Shearwater GeoServices
- Company typePrivate
- Founded2016
- HeadquartersKent, United Kingdom
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
Shearwater GeoServices firmographics
Firmographics- Name
- Shearwater GeoServices
- Legal name
- Shearwater GeoServices Holding AS
- Website
- http://www.shearwatergeo.com/
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Shearwater GeoServices industry classification
Industry- Product category
- Marine Geophysical Services
- NAICS
- Geophysical Surveying and Mapping Services (54136)
- SIC
- Oil & Gas Field Exploration Services (1382)
- akta.pro primary industry
- Seismic & Geoscience Services (Acquisition, Processing, Interpretation) (EUALABAK)
Keywords
Where Shearwater GeoServices is headquartered
LocationHeadquarters
- HQ city
- Kent
- HQ country
- United Kingdom
- HQ region
- Europe
Offices9 records
Markets served
Shearwater GeoServices business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Marine Seismic Acquisition Services: Contract seismic acquisition services using company-owned fleet of seismic vessels for towed streamer and OBN surveys. Revenue recognized as projects are executed.
- Multi-Client Data Library: Multi-client seismic data acquired and licensed to multiple customers. Revenue recognized from pre-funding by industry partners and subsequent sales of decision-ready data from the library.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Shearwater GeoServices product offering
Product offeringCore offering
Shearwater GeoServices is a marine geoscience and technology business that provides contract seismic acquisition services using its owned fleet of high-end vessels for towed streamer and ocean bottom node (OBN) surveys, primarily for oil and gas exploration and production companies. The company also licenses multi-client seismic data libraries, offers proprietary seismic processing and imaging software (Reveal), and delivers CCS site characterization and new energy geoscience surveys.
Product overview
Shearwater GeoServices operates as a unified marine geoscience and technology business offering an integrated portfolio of seismic acquisition technologies and processing solutions. The core technology stack combines proprietary hardware (Isometrix multi-component streamers, Pearl ocean bottom node platform) with the Reveal seismic processing software, unified through the Monsoon cloud collaboration platform. The company provides end-to-end services including 3D/4D towed streamer acquisition, OBN seismic surveys, and multi-client data libraries. Key vessels include SW Tasman (OBN platform with integrated node deployment and source capabilities), SW Empress, SW Duchess, and SW Gallien. The portfolio spans exploration and production solutions, carbon capture storage monitoring, and new energy applications.
Differentiator
Problem solved
Functional benefit
Brands
- Reveal: Industry-leading seismic processing software platform
- Monsoon
- Isometrix
- Pearl
- Waves Programme
Products and services
- Exploration & Production Solutions
Quantifiable outcome
- 42.9% reduction in CO2e intensity achieved vs 2019 baseline (targeting 35% reduction by 2030)
- +4 more outcomes
Companies that use Shearwater GeoServices
Customer profileNamed customers10 records
Segments2 records
Ideal customer profiles3 records
Shearwater GeoServices technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature5 records
Shearwater GeoServices partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, flagship and supporting.
- Harvex GeosolutionscoreMulti-client seismic project offshore Nigeria in partnership with Harvex Geosolutions and Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Survey backed by significant industry funding.
- TotalEnergiesflagshipThree-year firm global marine seismic capacity reservation agreement (CRA) guaranteeing minimum 18 vessel months of activity for Shearwater's high-end seismic fleet. Reflects longstanding relationship spanning geophysical data collection, production monitoring, and CCS activities.
- Searcher SeismiccoreMulti-client 3D seismic data acquisition partnership in Brazil's Pelotas Basin. Phase Three added 7,500 km² bringing combined regional library to over 17,000 km². Solid industry funding backing the acquisition.
- NVIDIAcoreTechnology collaboration achieving 10x speed-ups in seismic processing algorithms using NVIDIA GH200 Grace Hopper Superchip. Enables faster time-to-image and improved energy efficiency in HPC workloads.
- AWS (Amazon Web Services)supportingCloud collaboration for Reveal seismic processing software deployment. Reveal designed to be cloud-agnostic and runs efficiently on AWS infrastructure.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Shearwater GeoServices competitors and assessment
Company assessmentDirect peers
- PGS (Petroleum Geo-Services): PGS is the closest direct competitor to Shearwater in marine seismic acquisition, operating a global fleet of towed streamer and OBN vessels and competing head-to-head on IOC tenders. Both companies share the same customer base (Shell, ExxonMobil, Equinor, TotalEnergies) and serve the same exploration and reservoir surveillance workflows.
- TGS: TGS is a leading multi-client seismic data library provider that also operates acquisition capacity, directly comparable to Shearwater's multi-client business (e.g., Pelotas Basin with Searcher). The companies compete for the same IOC licensing budgets and jointly bid on the same multi-client co-funding opportunities.
- CGG: CGG is a geoscience company that competes with Shearwater in seismic processing, imaging, and multi-client data libraries. After divesting marine acquisition vessels, CGG remains a direct competitor in subsurface imaging and software — and a competing buyer of Shearwater's processing services on third-party data.
Broad incumbents
- BGP (CNPC subsidiary): BGP is the world's largest land and marine seismic contractor, owned by CNPC. It competes globally for marine seismic tenders — including those Shearwater pursues — and offers integrated acquisition-to-processing services at greater scale, backed by Chinese national oil company demand.
- ION Geophysical: ION Geophysical provides seismic acquisition technology, software, and multi-client data. While smaller than Shearwater in pure marine acquisition, ION competes in adjacent segments including seismic software, ocean bottom systems, and survey planning services.
Others
- Fugro: Fugro is a global marine geoscience and survey company providing seabed mapping, geotechnical, and positioning services that complement — and partially overlap with — Shearwater's marine survey capabilities. Both serve offshore energy and offshore-wind clients and compete for adjacent survey budgets.
Emerging players
- Searcher Seismic: Searcher is a multi-client seismic data specialist that is both a partner (Pelotas Basin JV) and adjacent competitor to Shearwater. They compete for new multi-client survey co-funding and licensing opportunities, particularly in frontier basins.
- EMGS (Electromagnetic Geoservices): EMGS provides controlled-source electromagnetic (CSEM) seabed logging — a complementary but distinct subsurface imaging technology. EMGS targets the same IOC exploration clients as Shearwater and competes for shares of exploration budgets in frontier and deepwater basins.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Shearwater GeoServices social profiles
Digital presenceShearwater GeoServices financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shearwater GeoServices leadership team
Management profileNumber of profiles
Profiles15 records
Shearwater GeoServices subsidiaries and ownership
Company hierarchySubsidiaries1 record
Shearwater GeoServices funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shearwater GeoServices M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shearwater GeoServices
What does Shearwater GeoServices do?
Shearwater GeoServices is a marine geoscience and technology business that provides contract seismic acquisition services using its owned fleet of high-end vessels for towed streamer and ocean bottom node (OBN) surveys, primarily for oil and gas exploration and production companies. The company also licenses multi-client seismic data libraries, offers proprietary seismic processing and imaging software (Reveal), and delivers CCS site characterization and new energy geoscience surveys.
Is Shearwater GeoServices a public or private company?
Shearwater GeoServices is a private company. It is classified as corporate owned and is currently operating.
When was Shearwater GeoServices founded?
Shearwater GeoServices was founded in 2016. It employs 501 to 1,000 people.
Where is Shearwater GeoServices based?
Shearwater GeoServices is headquartered in Kent, United Kingdom, in the Europe region.
How does Shearwater GeoServices make money?
Two revenue lines are on record. Marine Seismic Acquisition Services are the primary driver. The others are multi-Client Data Library.
Who are Shearwater GeoServices's main competitors?
Direct peers on record are PGS (Petroleum Geo-Services), TGS and CGG. Broad incumbents are BGP (CNPC subsidiary) and ION Geophysical. Fugro is listed as an others. Emerging players are Searcher Seismic and EMGS (Electromagnetic Geoservices).
Does Shearwater GeoServices have an API?
No public API is recorded for Shearwater GeoServices.
What industry is Shearwater GeoServices in?
Shearwater GeoServices's product category is Marine Geophysical Services. Its primary akta.pro industry code is EUALABAK, Seismic & Geoscience Services (Acquisition, Processing, Interpretation). Its NAICS code is 54136 and its SIC code is 1382.