EMGS Shares Barents Sea Data with Undisclosed Client

Electromagnetic Geoservices ASA  has signed a data licensing agreement worth around USD 1.2 million for the provision of 3D EM data from EMGS’s multi-client data library in the Barents Sea.

In addition, the agreement contains an uplift model whereby EMGS will receive an undisclosed sum if the customer is awarded blocks in future licensing rounds in Norway. The sales will be recognised in the fourth quarter.

EMGS’s data library in the Barents Sea covers more than 30,000 km2, including approximately 110 blocks of which 57 are open blocks.

Press Release, December 31, 2013

 

 

 

Share this article

Follow Subsea World News

Events>

<< Jun 2018 >>
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

STRUCTURAL INTEGRITY 2018

The conference will bring together researchers and practitioners to discuss and address the current and emerging issues and challenges…

read more >

Annual Ghana Summit 2018

The 8th Annual Ghana Summit took place 22 – 23 June 2017 and was a huge success…

read more >

Undersea Defence Technology (UDT)

It brings together professionals from the military, industry and academia to focus on the cutting edge technologies and developments within…

read more >

Subsea Connect EMEA 2018

The first ever Subsea Connect welcomed 248 attendees from 100 companies, representing 31 countries…

read more >