EMGS in New Barents Sea Sale

Electromagnetic Geoservices ASA (EMGS) has entered into data licensing agreements with an undisclosed client.

The agreements are related to 3D CSEM multi-client data in the Barents Sea in Norway, the company informed.

The agreements represent combined revenues of approximately USD 1.2 million.

According to the company’s multi-client data library, EMGS in Norway covers nearly 50,000 square kilometers of 3D full azimuth multi-client data in the Barents Sea.