EMGS in Another Norwegian Data Sale Deal

Norway’s Electromagnetic Geoservices ASA (EMGS) has entered into a new data licensing agreement with an undisclosed oil company.

EMGS will provide 3D EM data for the client from the multi-client data library over the Norwegian Sea and the Barents Sea.

The contract between the parties is worth a total of USD 4.0 million.

In accordance with the company’s multi-client data library, EMGS in Norway covers 50,000 square kilometers of 3D full azimuth Multi-Client data in the Barents Sea.

The company’s multi-client data in the Norwegian Sea covers the Ormen Lange area, the Nordland Ridge and basalt provinces in the Vøring and Møre Basins.