EMGS looks toward acquisition contract extension offshore Asia
June 11, 2013
Electromagnetic Geoservices ASA (OSLO:EMGS) has a letter of intent to extend an on-going contract in Asia by at least $15 million.
Offshore staff
TRONDHEIM, Norway – Electromagnetic Geoservices ASA (OSLO:EMGS) has a letter of intent to extend an on-going contract in Asia by at least $15 million. This would bring the total contract value to $50 million.
EMGS expects theBOA Thalassavessel will complete the work, including extension, by October 2013.