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.