Offshore Magazine

EMGS, Schlumberger reach marine electromagnetic exploration agreement

Social Tools

Offshore staff

TRONDHEIM, Norway – EMGS and Schlumberger have announced the intention to enter a cooperative agreement effective Jan. 3, 2012, to offer marine electromagnetic related processing, advanced modeling, and earth model building.

The two companies also have entered a cross-license of patents agreement regarding CSEM acquisition.

At the same time, Schlumberger will withdraw its patent disputes in the United Kingdom, the Netherlands, and the European Patent Office.

“We look forward to building on both companies’ strengths and are hopeful that this agreement will enhance the adoption of EM technology,” says Roar Bekker, EMGS CEO. “Furthermore, our combined service offerings will provide the global oil and gas industry with improved integration capabilities and accelerate the growing portfolio of EM applications.”

12/15/2011

Most Recent Content

Rosneft appoints president

Rosneft (MICEX:ROSN) has appointed Igor Sechin as president.

Island Offshore extends FMC contracts for North Sea LWI

FMC Technologies Inc. (NYSE:FTI) has signed two five-year contracts with Island Offshore Management AS to supply light well intervention (LWI) services for Statoil in the North Sea.

Record bids for latest UK license round

Britain has received a record number of applications in its latest offshore licensing round.

Cooper assigns Tunisia well operations to AGR

Cooper Energy has contracted AGR for drilling services offshore Tunisia.

Statoil takes LWI rigs on long-term charters

Statoil (OSE:STL;NYSE:STO) has awarded contracts totaling $1.56 billion for three new “Category A” light well intervention (LWI) vessels, two to Island Offshore Management and one to Eide Marine Services.

Offshore Magazine