Gulf Oil and Gas accountACCOUNT

EMGS Reports Prefunding for Multi-Client Acquisition in Norway

Source: www.gulfoilandgas.com 6/9/2017, Location: Europe

Electromagnetic Geoservices ASA (EMGS) has entered into prefunding agreements related to 3D CSEM data surveys in the Barents Sea and Norwegian Sea in Norway using the conventional technology and the new Deep Blue source. The agreements represent revenues of approximately USD 3 million. The data will be acquired during the 2017 summer season.

The Company is also pleased to announce that the original JIP agreement has been amended wherein the Deep Blue source is now available to the industry. The Deep Blue source provides a significantly higher output when compared to the conventional system.

"After the successful JIP test surveys during the summer of 2016, we are very pleased to see the first commercial uptake of the new equipment. Providing the industry with a much stronger source output is a breakthrough for EMGS and our EM technology as we will be more sensitive to deeper targets and smaller targets close to infrastructure", says Christiaan Vermeijden, CEO.

Survey & Maps News in Norway >>

United States >>  2/6/2020 - CGG and Fairfield Geotechnologies have signed a second cooperation agreement to acquire a series of large-scale, high-density, multi-client surveys in...
Papua-New Guinea >>  2/3/2020 - PGS will commence the Painimaut 3D MultiClient program in Papua New Guinea (“PNG”) in early February. The program is expected to last for approximatel...

Nigeria >>  1/23/2020 - SAExploration Holdings, Inc. announced two new projects in offshore West Africa. The projects are valued at approximately $42 million in the aggregate...
Australia >>  1/20/2020 - Polarcus is pleased to announce the commencement of acquisition of the latest phase of the Cygnus regional multi-client 3D survey in the Vulcan Sub-ba...

Related Categories: Aerial Survey  General  GIS Services  GPS Services  Land Survey  Marine Survey  Site Survey 

Related Articles: Aerial Survey  General  GIS Services  Land Survey  Marine Survey  Site Survey 


Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.