EMGS inks Malaysian survey

OE Staff
Friday, August 7, 2015

Electromagnetic Geoservices (EMGS) has received a letter of award (LOA) for a contract worth approximately US$4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia.

The two parties have entered into a two-year contract, of which this LOA constitutes the commitment for the first and initial phase. The parties have also designed a survey for an optional second phase in 2016.

"We are very pleased to announce this letter of award with a repeat customer in Malaysia. It is also important to us that it is a two-year agreement, with expectations for more work next year," says CEO of EMGS, Bjarte Bruheim.

The survey will be done using the vessel BOA Thalassa which is expected to commence acquisition as soon as possible. The duration of the work is expected to be around one month.

Categories: Geoscience Asia Geophysics Seismic

Related Stories

Mooreast Reels In $6.7M Multi-Buoy Mooring Upgrade Work Off Thailand

Blackford Dolphin Kicks Off Long-Term Drilling Campaign Offshore India

OEG Renewables Orders Another CTV from Strategic Marine

Current News

First Steel Cut for ExxonMobil’s Guyana Field-Bound FPSO Jaguar

Santos Hires McDermott for Harriet Alpha Decom Work Off Australia

EnerMech Lands Services Contract with North Sea Oil and Gas Operator

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Subscribe for OE Digital E‑News