EMGS Sells Barents Sea Data

EMGS Barents Sea data, Photo: EMGS

Norway’s Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement for the provision of 3D CSEM data from the multi-client data library in the Barents Sea.

According to EMGS, the deal will provide net revenue of USD 2.1 million to the company.

The revenue will be recognized in the third quarter of 2016.

“EMGS is pleased with the oil company’s purchase of the 3D CSEM data to evaluate the exploration for hydrocarbons in the Barents Sea,” said Christiaan Vermeijden, CEO.

Share this article

Follow Subsea World News

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

SUBSEA POWER CABLES

2-day seminar covering best practice and emerging technologies for cost-efficient subsea cable projects from conception to installation…

read more >

EEMUA subsea engineering course: materials selection and corrosion control

This two and a half day training course is recommended for both discipline and project focused engineers from a variety of backgrounds…

read more >

FUTURE OIL & GAS

Join senior executives from oil and gas majors, service companies, technology suppliers and industry experts at this year’s premier event…

read more >

Kuwait Oil & Gas Show

Kuwait Oil & Gas Show is the Kuwait International Fair Ground in Kuwait City, Kuwait. This event showcases product from Chemicals & Dyes, Electronics & Electrical Goods, Hand, Machine & Garden Tools, Petroleum, Oil & Gas, Power & Renewable Energy industries. More info

read more >