Norway based provider of high-quality marine controlled-source electromagnetic (CSEM) data, Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth $7.0 million from an undisclosed oil company.
The letter of intent is for 3D EM data acquisition in Thailand and Myanmar.
Giles Denby, President Eastern Hemisphere of EMGS, said: “This is the first time we operate for this customer and also the first time we operate in Thailand and we are of course pleased to demonstrate the value of our EM technology to this company.”
The survey will be done using the vessel BOA Thalassa and is expected to start directly after the completion of an ongoing survey in Malaysia.
BOA Thalassa is a purpose-built 3D EM vessel with the capacity to carry 200 receivers. It is equipped with parallel source systems, including winches, cranes and hydraulic feeds.