Emgs News

EMGS Increases Fleet Utilization

Oct 06, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said in its fleet update for the third quarter 2019 showed a fleet utilization of 73 percent,  compared with 29% for the third quarter in 2018. The marine EM market…

EMGS Bags Offshore Namibia Work

Aug 05, 2019

Oslo-listed Electromagnetic Geoservices (EMGS)  has been awarded a contract from Nabirm Global LLC for a proprietary 3D CSEM survey over Block 2113A  in the Walvis Basin offshore Namibia.The program, valued at over $1 million, will cover acreage in block 2113A…

EMGS Wins BP Survey Off Senegal

Jul 01, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has been awarded a contract by UK oil and gas major BP for work off the coast of Senegal and Mauritania.EMGS said in a in Oslo Exchange filing that the contract is worth around $6 million…

EMGS Wins Pemex Acquisition Contract

Jun 05, 2019

Electromagnetic Geoservices (EMGS) has signed a contract for a multi-year acquisition contract with the Mexican state-owned petroleum company PEMEX.The two-year contract has a value of approx. USD 73.3 million with a minimum value of approx…

EMGS Appoints Lindhom as CEO

Jun 03, 2019

Electromagnetic Geoservices (EMGS) has appointed Bjørn Petter Lindhom as the permanent CEO of the company.Lindhom assumed the position of interim CEO of the company on December 01, 2018, and now the board of directors resolved to make the appointment permanent…

EMGS Proposed Changes to its Board

May 21, 2019

The chairman of the board of directors of the Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS), Eystein Eriksrud, has notified the company that he will not seek re-election at the end of his current service period…

EMGS Kicks Off Barents Sea Survey

May 16, 2019

Electromagnetic Geoservices ASA (EMGS) announced Thursday it has entered into an agreement for a fully prefunded multiclient 3D controlled source electromagnetic (CSEM) survey in the Norwegian Barents Sea.The contract has a value of $1.25 million…

EMGS Wins Survey Contract

Apr 24, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) is participating in a sole-sourced tender process for a multi-year acquisition contract.EMGS has now received a letter of award for the contract. The multi-year call-off acquisition contract…

EMGS, Equinor Pact for Well Calibration Study

Apr 05, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has signed an agreement for its second full-scale marine controlled-source electromagnetic (CSEM) well calibration study project in cooperation with Equinor.The revenue…

EMGS Bags Norwegian Barents Sea Survey

Mar 27, 2019

Norway’s Electromagnetic Geoservices (EMGS) has received a letter of intent for a fully pre-funded multi-client survey in the Norwegian Barents Sea.According to a press release, the total value of the letter of intent is approximately USD 2…

EMGS Signs Barents Sea Contract

Apr 04, 2019

Norwegian offshore survey firm Electromagnetic Geoservices (EMGS) has signed a final contract withSpirit Energy Norway AS  for a survey in the Barents Sea offshore Norway.According to a stock exchange notification by the geophysical services company…

EMGS Confirms Equinor Data Contract

Mar 04, 2019

Electromagnetic Geoservices (EMGS) said it has entered into final contracts with Equinor for a range of seismic data across the Norwegian continental shelf.The final deal includes both licensing of Barents Sea, Norwegian Sea and North Sea data from EMGS’s existing multi-client library…

SeaBird to Buy BOA Offshore Vessels

Apr 12, 2019

Norwegian seismic acquisition company SeaBird Exploration said  it is in an exclusive process to acquire the seismic vessels BOA Galatea and BOA Thalassa owned by BOA Offshore in a transaction which values the vessels at NOK 185 million ($22 million)…

Two Contracts Go to SeaBird

Apr 02, 2019

Marine surveyor SeaBird Exploration said on Monday it has been awarded two new contracts, including one in West Africa and another in the Gulf of Mexico.The company said it received a letter of award for a niche 3D survey in West Africa, with a total value of approximately $6…

EMGS Vessel Utilisation Stands at 32% in 4Q

Jan 06, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…

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