EMGS in sales agreement for multi-client library in Norway
- Business & Finance
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.