EMGS in 3D EM Barents Sea data sale
- Business & Finance
Electromagnetic Geoservices ASA (EMGS), a Norwegian geophysical services company, has entered into two new data licensing agreements for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea.
EMGS did not name the companies it is entering into an agreement with, but it did reveal that the agreements are worth a total of $2 million.
According to the company’s statement, the multi-client revenues will be booked in the second quarter 2015.