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…
Bjarte H. Bruheim has been appointed the new CEO of EMGS, effective 7 January, following the board's decision to accept current CEO Roar Bekker's resignation. Bekker served as CEO since May 2009, and prior to that role, served as Chief Operating Officer since 2007…
Electromagnetic Geoservices (EMGS) has entered into a data licensing agreement with an international oil company worth US1.8 million for the provision of 3D EM data from a portion of the EMGS' multi-client data library in Foz do Amazonas in Brazil…
Electromagnetic Geoservices ASA (EMGS) entered into a data licensing agreement with Statoil ASA worth US$10 million for the provision of 3D EM data from EMGS' multi-client data library in Norway. After adjustment for partner's share of the revenues…
BG Group awarded Electromagnetic Geoservices ASA (EMGS) a US$27 million contract for 3D EM data acquisition in Uruguay. EMGS says the data acquisition is scheduled to begin around 15 December using the EM Leader vessel. The survey is expected to last three and a half months…
EMGS and Seatrans signed an extended charter agreement for the EM Leader vessel. From EMGS. EMGS will charter the vessel for two years and has two options for a one-year extension…
Voluntary oil production cuts to support oil prices have been ruled out in favor of a brutal process of natural selection to correct the market. The most efficient producers will be left standing as growth slows and companies cut capital budgets and reduce headcounts…
PTTEP International awarded Electromagnetic Geoservices ASA (EMGS) a US$7 million contract in Thailand and Myanmar. In October, EMGS received the letter of intent for the 3D EM data acquisition. The survey will be done using the vessel BOA…
With well data often scarce, many deep water Gulf of Mexico operators rely on the structural images and elastic properties derived from seismic when evaluating the probability of success and estimating reserves in prospective fields. Vincent Vieugue suggests this is not enough…
TGS and Electromagnetic Geoservices ASA (EMGS) have agreed to further expand the companies' previous cooperation agreement in the Barents Sea. TGS will partner with EMGS to acquire electromagnetic (EM) data over approximately 10 new blocks in the Nordkapp and Tiddly areas…
Electromagnetic Geoservices ASA (EMGS) received a US$6.8 million letter of intent (LOI) for 3D EM data acquisition in Malaysia. The BOA Thalassa. From BOA. The BOA Thalassa vessel will conduct the survey…
Electromagnetic Geoservices ASA (EMGS) received a contract worth US$1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas basin using the EM Leader vessel. The project…
Electromagnetic Geoservices ASA (EMGS) is making its entrance into Thailand after receiving a US$7 million letter of intent for 3D EM data acquisition in Thailand and Myanmar. The survey will be done using the vessel BOA Thalassa and…
Electromagnetic Geoservices ASA (EMGS) won a contract for 3D EM data acquisition in Malaysia. The survey will begin 24 October using the BOA Thalassa vessel. From a letter of intent, received on 6 October 2014, the contract is worth US$6…
Electromagnetic Geoservices (EMGS) has signed a data licensing agreement with a customer worth US$3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'It satisfying to note that our multi…
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