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.
The Company will be using the vessel Atlantic Guardian. Acquisition is scheduled to be completed early in October, after which the vessel is scheduled to go directly into a six- week yard stay.
Svein Knudsen, EMGS chief financial officer, +47 911 41 149