Electromagnetic Geoservices ASA (“EMGS” or the “Company”) is pleased to announce
that it has been awarded a contract from BP for a proprietary CSEM survey, offshore Senegal and Mauritania.
The contract has a total value of approx. USD 6 million. Acquisition is expected to start in the first quarter of 2020. CEO of EMGS, Bjørn Petter Lindhom comments: “EMGS is delighted to return to Africa and for the opportunity to work for BP and partners on their high-profile acreage in Mauritania and Senegal. This contract extends our already healthy backlog and puts us in a good position to secure additional work in the prolific MSGBC Basin and in West Africa.”
Hege Veiseth, CFO, +47 99 21 67 43