EMGS gets US$2.5 mln from NCS sale

OE Staff
Monday, February 16, 2015

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.

Categories: Technology Geoscience North Sea Europe Geophysics Geology Seismic

Related Stories

Germany and UK to Explore Establishing Hydrogen Pipeline in North Sea

Germany and UK to Explore Establishing Hydrogen Pipeline in North Sea

Triton FPSO Set for End of June Production Restart as Repair Ops Wrap Up

Triton FPSO Set for End of June Production Restart as Repair Ops Wrap Up

Odfjell to Put Floating Wind Tech on Try-Outs at Norwegian Test Center

Odfjell to Put Floating Wind Tech on Try-Outs at Norwegian Test Center

Current News

Aker Solutions Awarded Contract for BalWin2 Offshore Wind Project

Nigeria Introduces Oil Tax Relief for Cost-Cutting Measures Implementation

Gazelle Secures Multi-Million Funding for Floating Wind Demo

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

Subscribe for OE Digital E‑News

Offshore Engineer Magazine