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.

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