EMGS gets largest-ever 3D EM contract

Electromagnetic Geoservices has won a $150-million, multi-year contract to supply one of its purpose-built 3D electromagnetic survey vessels on a continuing basis to an operating company.

Pennwell web 142 71

Offshore staff

TRONDHEIM, Norway – Electromagnetic Geoservices has won a $150-million, multi-year contract to supply one of its purpose-built 3D electromagnetic survey vessels on a continuing basis to an operating company.

EMGS says contract signing is expected in two weeks and mobilization of the vessel by the end of August.

"This award, by far the largest ever within marine EM, is a giant step forward for EMGS,” says Roar Bekker, EMGS CEO. “A long-term project such as this provides us with a solid platform for future growth and allows us to manage our vessel utilization far more efficiently.” 


Pennwell web 142 71   EMGS purpose-built 3D EM vessel BOA Thalassa is one candidate for the surveying.

06/21/2010

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