EMGS Lands PEMEX Contract

EMGS has signed the final multi-year acquisition contract with PEMEX, following a letter of award received earlier this year.

The two-year contract has a value of approximately USD 73.3 million with a minimum value of approximately USD 29.3 million.

Start of mobilization is expected to take place early Q3 2019.

The work programme is located in the Gulf of Mexico and consists of both shallow and deep-water surveys.

CEO of EMGS, Bjørn Petter Lindhom, said: “We are proud that PEMEX, one of the world’s largest national oil companies, has again chosen to contract with EMGS for a large multi-year acquisition project. This demonstrates that PEMEX values 3D CSEM data as an important and complementary input in their exploration workflow. We are confident that the 3D CSEM data EMGS will now acquire will help PEMEX identify, evaluate and de-risk prospects, thereby significantly contributing to their exploration efforts.”

Chairman of the board of directors of EMGS, Eystein Eriksrud, added: “This contract represents an important vote of confidence from one of the company’s largest repeat customers. This shows, in my opinion, not only that PEMEX believes in the company’s technology and product, but also that they believe in the company’s highly competent and dedicated employees and their ability to deliver the world’s premier CSEM product.

“With this landmark contract, the fourth biggest in EMGS’ history, together with the proprietary acquisition contract in south-east Asia, the company has established a firm platform from which it is well positioned for further development and growth.”

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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