EMGS secures more Barents Sea 3D sales

June 12, 2015
Electromagnetic Geoservices ASA has entered three new data licensing agreements with oil companies to provide 3D EM data from the contractors’ Barents Sea multi-client data library.

Offshore staff

TRONDHEIM, NorwayElectromagnetic Geoservices ASA (EMGS) has entered three new data licensing agreements with oil companies to provide 3D EM data from the contractors’ Barents Sea multi-client data library.

Total value is $3.7 million, with EMGS receiving $2.6 million net after adjustments for partner share of revenues.

06/12/2015