EMGS in sales agreement for multi-client library in Norway

Electromagnetic Geoservices (EMGS) has entered into a late-sales multi-client licensing agreement for its multi-client library in Norway.


The net revenue to EMGS under the agreement is approximately $1.7 million.

The majority of the revenue will be recognised in the second quarter of 2020, EMGS said.

EMGS did not reveal the name of the client.