News
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EMGS will present its results for the third quarter of 2017 on Thursday 2 November
Link to Webcast
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EMGS prepares for multi-client survey west of Newfoundland, Canada
Electromagnetic Geoservices ASA and its wholly owned subsidiary Electromagnetic Geoservices Canada Inc. (together, "EMGS") have initiated preparations for carrying out a pre-funded multi-client survey west of Newfoundland, Canada. The survey represents a minimum level of revenues to EMGS of approx. USD 2.5 million.
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EMGS – Vessel update and activity for the third quarter 2017
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on contracted or multi-client data acquisition. Downtime (technical or maritime) and some standby activities are not included in the utilisation.
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EMGS reports multi-client sales in the Barents Sea
Electromagnetic Geoservices ASA (EMGS) has entered into data licensing agreements related to 3D CSEM multi-client data in the Barents Sea in Norway. The agreements represent combined revenues of approximately USD 1.5 million.
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EMGS reports multi-client sales in the Barents Sea
Electromagnetic Geoservices ASA (EMGS) has entered into data licensing agreements related to 3D CSEM multi-client data in the Barents Sea in Norway. The agreements represent combined revenues of approximately USD 1.2 million.
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EMGS extends EM application window with the new DeepBlue source
EMGS has completed the development of the next generation Controlled-Source Electromagnetics (CSEM) source system DeepBlue. The first commercial project, in the Norwegian Sea, was announced in June 2017 and the data acquisition was successfully completed in July 2017.