EMGS sells 3D Barents Sea data

  • Business & Finance

Electromagnetic Geoservices ASA (EMGS) has entered into data licensing agreements related to 3D CSEM multi-client data in the Barents Sea in Norway.

The Norwegian seismic data provider said on Wednesday that the agreement represented combined revenues of approximately $1.4 million.

EMGS entered into several similar agreements for Barents Sea data over the past several months. The company won a deal for $1.8 million in August, and two contracts worth $1.2 million and $1.5 million in September.

As for other deals recently won by the company, EMGS received letters of intent in November for two contracts for prefunded multi-client acquisitions offshore Indonesia.

Offshore Energy Today Staff

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