EMGS Strikes New Barents Data Deal

Norwegian geophysical services company, EMGS, has entered into a data licensing agreement with an undisclosed client for the provision of 3D CSEM data from the multi-client data library in the Barents Sea.

The Oslo-listed company said that this new deal has generated net revenue of USD 1 million, which will be recognised in the fourth quarter of 2016.

This agreement follows last month’s USD 2.1 million Barents Sea data sale, and 3D EM data acquisition deal over the Hoop area, also in the Barents Sea.

 

Share this article

Follow Subsea World News

Events>

<< Jan 2017 >>
MTWTFSS
26 27 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 31 1 2 3 4 5

Oil & Gas IP Summit

The conference will cover areas like Evaluating Best Practice Techniques for IP Portfolio Management and Innovation Strategies,Collaborative…

read more >

European Gas Conference 2017

In recent years the gas market has undergone tremendous shifts with the emergence of new supply sources, the comeback of coal in the power…

read more >

Well Control – Subsea Engineer Programme

The Training Academy’s IADC accredited Subsea Engineer Programme (SSEP) has been recognized by the industry’s major drilling contractors…

read more >

Offshore West Africa 2017

Offshore West Africa 2016 brought together a record-breaking attendance of oil & gas professionals, creating a vibrant networking experience,…

read more >