Electromagnetic Geoservices ASA has entered into agreements involving data licensing as well as processing and interpretation services related to 3D EM data in Norway and Mexico.
According to the Norwegian company the agreements represent revenues of approximately $2 million.
“EMGS is pleased to announce the execution of the above agreements. We are excited about being given the opportunity by our customers to reduce their exploration uncertainty through the use of 3D EM data,” says Christiaan Vermeijden , CEO.