EMGS gets US$2.5 mln from NCS sale

OE Staff
Monday, February 16, 2015

Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of US$2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA).

EMGS's multi-client data library in Norway now covers 44,000sq km in the Barents Sea, in addition to approximately 10,000sq km in the Norwegian Sea and 1,400sq km in the North Sea.

Categories: Technology Geoscience North Sea Europe Geophysics Geology Seismic

Related Stories

Mocean Energy Raising Funds to Advance Wave Energy Tech

EnerMech Lands Services Contract with North Sea Oil and Gas Operator

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Current News

Oil Edges to 2-Week High on Ukraine News

EMGS to Conduct CSEM Survey Offshore India

Poland to Open New Areas for Offshore Wind Development in Baltic Sea

Swedish Firm Eyes Multi-Megawatt Wave Energy Farm Off Grenada

Subscribe for OE Digital E‑News