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>

<< Sep 2018 >>
MTWTFSS
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

1ST NORWAY PUMPS & PIPES CONFERENCE

The primary goal is to bring together professionals from Energy and Medicine to transfer knowledge and share challenges…

read more >

RIO OIL & GAS 2018

The leading oil and gas event in Latin America is organized every two years by the Brazilian Petroleum, Gas and Biofuels Institute (IBP)…

read more >

Submarine Networks World 2018

In 2018, expect over 600 industry leaders from more than 300 organisations worldwide to gather once again in Singapore…

read more >

RPG 2018

Attending RPG 2018 will benefit international academics, researchers, engineers and consultants working in renewable energy…

read more >