EMGS secures pre-funded multi-client surveys in Norway

Source: www.gulfoilandgas.com 5/31/2024, Location: Europe

Electromagnetic Geoservices ASA ("EMGS" or the "Company") has entered into several agreements with Equinor and Partners for fully pre-funded multi-client survey acquisitions in the Barents Sea.

The combined contracts have a total value of approximately USD 3.4 million.

The first of the fully prefunded surveys is expected to commence in the third quarter of 2024, upon the Atlantic Guardian’s return from Brazil.


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