EMGS scores Barents Sea 3D EM data deal

Norway’s Electromagnetic Geoservices ASA (EMGS) has entered into a new data licensing agreement with an oil company for the provision of 3D EM data.

The company said Wednesday that the date will be provided from the multi-client data library over the Barents Sea. The deal is worth $3.3 million.

EMGS will receive USD 1.7 million net after adjustment for partner’s share of revenues.

 

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