EMGS Receives LoI for Fully Prefunded Multi-Client Survey in Norway
Source: www.gulfoilandgas.com 2/9/2024, Location: Europe
Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that the Company has received a Letter of Intent from Equinor for a fully prefunded multi-client survey
in the North Sea.
The survey is expected to have a contract value of approximately USD 2.0 million.
Subject to a binding contract being entered into, the fully prefunded survey is expected to commence early March 2024.
