News
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EMGS – Contract awarded in Malaysia
With reference to the stock exchange notice of 6 October 2014, with the announcement of a letter of intent in Malaysia, Electromagnetic Geoservices ASA (EMGS) hereby confirms that the Company has been awarded a contract.
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EMGS – Letter of Intent with International Oil Company in Malaysia for BOA Thalassa
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 6.8 million from an International Oil Company for 3D EM data acquisition in Malaysia.
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CSEM as a tool for better exploration decisions
After more than 30 years of exploration and more than 100 wells drilled in the Barents Sea, only one field is in production, and another under development.
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EMGS reports multi-client sales
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company. The agreement, which is worth USD 3.7 million after adjustment for partner's share of the revenues, is for the provision of 3D EM data from EMGS's multi-client data library for the Barents Sea. The multi-client revenues will be booked in the third quarter 2014.
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EMGS reports multi-client sales
Electromagnetic Geoservices ASA (EMGS) has signed a data-licensing agreement with a customer worth USD 3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.
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EMGS – new contract for data acquisition in Norwegian Sea
On 4 September 2014 Electromagnetic Geoservices ASA (EMGS) announced an agreement from Statoil Petroleum AS for the Norwegian Sea. 19 September, EMGS received a new contract from another oil and gas company worth USD 1.0 million for acquisition of 3D EM data in the nearby area.