EMGS extends Malaysia EM contract

November 17, 2016

Electromagnetic Geoservices (EMGS) has entered into a firm contract with an oil company in Malaysia, confirming the provisional agreement announced oN 1 November 2016.

The contract extension is worth approximately US$8 million and relates to a 3D EM data acquisition offshore Sabah, East Malaysia. The vessel BOA Thalassa will perform the survey, which is estimated to take approximately two months with an expected completion date early January 2017. 



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