Apache Awards 3D EM Contract to EMGS in Australia
- Business & Finance
Electromagnetic Geoservices ASA (EMGS) signed a contract with Apache worth approximately USD 5 million, following a Letter Of Intent (LOI) received in November.
The Company received the LOI for 3D EM data acquisition in the Asia-Pacific region.
The vessel BOA Thalassa commenced the survey in north west Australia on 25 January.
BOA Thalassa is a purpose-built 3D EM vessel that has the capacity to carry 200 receivers. It is equipped with parallel source systems, including winches, cranes and hydraulic feeds to offer full redundancy.
Subsea World News Staff, January 29, 2014; Image: EMGS