EMGS Wins in Barents Sea

Norwegian geophysical services company EMGS has entered into a prefunding and late sales agreement related to 3D CSEM data surveys in the Barents Sea in Norway.

The Oslo-listed company, which generated revenues of $10.6 million in the second quarter 2017, said that this new agreement represents revenues of approximately USD 1.8 million.

According to EMGS, the data will be acquired during the third quarter of 2017.

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