EMGS Awarded Contract to Execute CSEM Survey in the Caribbean

Source: www.gulfoilandgas.com 7/4/2022, Location: North America

Electromagnetic Geoservices ASA ("EMGS" or the "Company") is happy to announce that an international oil company has hired the company to conduct a proprietary study for the purchase of CSEM in the Caribbean. The survey is anticipated to commence in the fourth quarter of 2022 or at the end of the third quarter, with an acquisition period of around 60 days. The contract's full purchase scope, with a maximum value of about USD 11 million, has not yet been decided.

Gulf Oil and Gas
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