Electromagnetic Geoservices ASA (EMGS) entered into a data licensing agreement with Statoil ASA worth US$10 million for the provision of 3D EM data from EMGS' multi-client data library in Norway. After adjustment for partner's share of the revenues…
BG Group awarded Electromagnetic Geoservices ASA (EMGS) a US$27 million contract for 3D EM data acquisition in Uruguay. EMGS says the data acquisition is scheduled to begin around 15 December using the EM Leader vessel. The survey is expected to last three and a half months…
EMGS and Seatrans signed an extended charter agreement for the EM Leader vessel. From EMGS. EMGS will charter the vessel for two years and has two options for a one-year extension…
Voluntary oil production cuts to support oil prices have been ruled out in favor of a brutal process of natural selection to correct the market. The most efficient producers will be left standing as growth slows and companies cut capital budgets and reduce headcounts…
PTTEP International awarded Electromagnetic Geoservices ASA (EMGS) a US$7 million contract in Thailand and Myanmar. In October, EMGS received the letter of intent for the 3D EM data acquisition. The survey will be done using the vessel BOA…
With well data often scarce, many deep water Gulf of Mexico operators rely on the structural images and elastic properties derived from seismic when evaluating the probability of success and estimating reserves in prospective fields. Vincent Vieugue suggests this is not enough…
TGS and Electromagnetic Geoservices ASA (EMGS) have agreed to further expand the companies' previous cooperation agreement in the Barents Sea. TGS will partner with EMGS to acquire electromagnetic (EM) data over approximately 10 new blocks in the Nordkapp and Tiddly areas…
Electromagnetic Geoservices ASA (EMGS) received a US$6.8 million letter of intent (LOI) for 3D EM data acquisition in Malaysia. The BOA Thalassa. From BOA. The BOA Thalassa vessel will conduct the survey…
Electromagnetic Geoservices ASA (EMGS) received a contract worth US$1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas basin using the EM Leader vessel. The project…
Electromagnetic Geoservices ASA (EMGS) is making its entrance into Thailand after receiving a US$7 million letter of intent for 3D EM data acquisition in Thailand and Myanmar. The survey will be done using the vessel BOA Thalassa and…
Electromagnetic Geoservices ASA (EMGS) won a contract for 3D EM data acquisition in Malaysia. The survey will begin 24 October using the BOA Thalassa vessel. From a letter of intent, received on 6 October 2014, the contract is worth US$6…
Electromagnetic Geoservices (EMGS) has signed a data licensing agreement with a customer worth US$3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'It satisfying to note that our multi…
Petrobras awarded Electromagnetic Geoservices ASA (EMGS) a US$5.5 million contract for 3D EM data acquisition in Brazil. EMGS says all necessary permits are in place and the start-up of acquisition will be as soon as possible. The survey will be done using the vessel EM Leader…
Norway’s Electromagnetic Geoservices (EMGS) received an agreement worth US$4.3 million for multi-client data offshore the Faroe Island. The agreement includes both late sales of the existing multi-client dataset, the Brugdan-Rosebank…
Norwegian Seismic acquisition and processing firm Electromagnetic Geoservices (EMGS) has increased its stake in exploration firm North Energy to nearly 10% as part of a loan deal. The NOK75 million convertible bond loan secured EMGS addtional shares in North Energy…
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