TGS, EMGS Extend Joint Venture in Barents Sea

TGS and Electromagnetic Geoservices ASA (EMGS) have agreed to further expand the Companies’ previous cooperation agreement in the Barents Sea. 

TGS will partner with EMGS to acquire electromagnetic (EM) data over four additional blocks in the Hoop area of the Barents Sea to bring its total joint ownership of multi-client EM data in this area to 21 blocks.

In addition the Companies will jointly invest in EM data acquisition over 14 new blocks in the southeastern Barents Sea.

The new 3D EM data will be acquired by the M/V Atlantic Guardian.  Data will be available to clients through both EMGS and TGS.

TGS and EMGS are pleased to expand their cooperation in the Barents Sea,” commented Stein Ove Isaksen, Senior VP Eastern Hemisphere for TGS.We believe that high quality, integrated EM and seismic data will be very valuable for oil companies participating in the 23rd Norwegian licensing round.

Press Release, May 08, 2014

 

Share this article

Follow Subsea World News

Events>

<< Dec 2018 >>
MTWTFSS
26 27 28 29 30 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 6

All-Energy 2019

All-Energy is the UK’s leading renewable energy and low carbon innovation event, showcasing the latest technologies and services…

read more >

ACENS 2019

Submission shall pass the double blind paper review first in order to be presented in the conference…

read more >

Deepwater Operations Advisory Board

This event allows for the free and open exchange of ideas, as proceedings will not…

read more >

Subsea Tieback Forum & Exhibition

The content addresses new operational issues, challenges, and solutions associated with global deepwater subsea operations…

read more >