EMGS in Barents Sea Data Sale

Norwegian geophysical services company, EMGS, has entered into agreements involving data licensing (prefunding and late sales) related to 3D EM data in the Barents Sea, Norway.

The agreements represent revenues of approximately USD 3.7 million, the company said in Oslo Exchange filing on Friday.

“The use of 3D EM data allows our customers to reduce exploration uncertainty.

“EMGS is pleased to announce the execution of the above agreements,” says Christiaan Vermeijden, CEO.

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