EMGS Scoops $11.7M Survey Contract Offshore Brazil
Norway-based Electromagnetic Geoservices (EMGS) has secured a contract with Petrobras for a fully prefunded multi-client survey offshore Brazil.The total contract value is approximately $11.7 million, according to EMGS.The survey is expected to start late March or early April 2024, the company said.“We are delighted to return to Brazil for EMGS’ first acquisition project offshore Brazil in almost 10 years. As 2023 marked a year with little acquisition activity for EMGS, we are very pleased and encouraged by a notable increase in the number of active and mature customer discussions for
EMGS Tapped for Marine Mineral Survey
Norwegian offshore survey services firm Electromagnetic Geoservices (EMGS) has been selected as the acquisition provider for the NTNU ATLAB consortium. The consortium was formed to study geophysical imaging of geological processes and has received funding from the Norwegian Petroleum Directorate, Aker, CGG, Equinor, and NTNU’s Centre for Geophysical Forecasting.The objective of the ATLAB consortium is to collect a broad range of scientific data at the Mohn’s ridge, including CSEM, MT, streamer seismic, node seismic, and both chemical and biological data for environmental purposes.
EMGS Gets Prefunding for a Multi-client Survey Offshore East Canada
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) on Monday announced it secured $2 million in prefunding for a multi-client survey offshore Newfoundland and Labrador.The acquisition is expected to take place in late third quarter 2022, EMGS said, noting the contract is conditional upon securing the required permits in Canada prior to September 2022.The said it expects to recognize the revenue in the fourth quarter of this year.
OFG, EMGS Enter Cooperation Agreement
Ocean Floor Geophysics Inc (OFG) and Electromagnetic Geoservices ASA (EMGS) signed a cooperation agreement under which the two companies agree to work together on various projects to promote the use of marine CSEM technology.The agreement places specific emphasis on exploiting the obvious synergies between the state-of-the-art towed-streamer CSEM system from OFG (under its exclusive right to acquire the PGS EM technology) and the industry-leading sea-bottom CSEM/MT nodal system from EMGS. Cooperation will include development of proprietary and multi-client surveys, and multiphysics reprocessing of
Offshore Surveyors OFG, EMGS Enter CSEM Tech Pact
Canadian offshore survey firm Ocean Floor Geophysics (OFG) and its Norwegian counterpart Electromagnetic Geoservices ASA (EMGS) have signed a cooperation agreement.Under the agreement, the two offshore surveyors have agreed to work together on various projects to promote the use of marine controlled-source electromagnetic (CSEM) technology."The agreement places specific emphasis on exploiting the obvious synergies between the state-of-the-art towed-streamer CSEM system from FG (under its exclusive right to acquire the PGS EM technology) and the industry-leading sea-bottom CSEM/MT nodal system
EMGS Wins BP Survey Off Senegal
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has been awarded a contract by UK oil and gas major BP for work off the coast of Senegal and Mauritania.EMGS said in a in Oslo Exchange filing that the contract is worth around $6 million. The survey work is expected to start in the first quarter of 2020.CEO of EMGS, Bjørn Petter Lindhom, said, “EMGS is delighted to return to Africa and for the opportunity to work for BP and partners on their high-profile acreage in Mauritania and Senegal.""This contract extends our already healthy backlog and puts us
EMGS Kicks Off Barents Sea Survey
Electromagnetic Geoservices ASA (EMGS) announced Thursday it has entered into an agreement for a fully prefunded multiclient 3D controlled source electromagnetic (CSEM) survey in the Norwegian Barents Sea.The contract has a value of $1.25 million, EMGS said.The company said it will mobilize the vessel Atlantic Guardian for the survey, which is expected to be executed in the second quarter of 2019.
EMGS Confirms Equinor Data Contract
Electromagnetic Geoservices (EMGS) said it has entered into final contracts with Equinor for a range of seismic data across the Norwegian continental shelf.The final deal includes both licensing of Barents Sea, Norwegian Sea and North Sea data from EMGS’s existing multi-client library, as well as prefunding for a new multi-client acquisition in the North Sea.Of the combined gross contract value of approximately $8 million, the EMGS said it expects to recognize approximately $7 million of revenue in the first quarter of 2019.CEO of EMGS, Bjørn Petter Lindhom, said, “EMGS is very
Gardline Names Vermeijden CEO
Gardline has appointed Christiaan Vermeijden as Chief Executive Officer, effective immediately. Vermeijden will replace Gardline's current interim CEO, Gerben Eggink.Vermeijden joins the U.K. based Royal Boskalis Westminster N.V. subsidiary after leaving his position as CEO at Norway-based Electromagnetic Geoservices ASA (EMGS). Prior to his role with EMGS, he was part of the Executive Management Team and Global Offshore Geotechnical Director at Fugro N.V.He holds a Master of Science (MSc) degree in Physical Geography from the University of Amsterdam and a Master of Business Administration (MBA) from
February 2024
