Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of US$2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA).
EMGS's multi-client data library in Norway now covers 44,000sq km in the Barents Sea, in addition to approximately 10,000sq km in the Norwegian Sea and 1,400sq km in the North Sea.