EMGS sells Barents Sea data
- Business & Finance
Norwegian geophysical services Electromagnetic Geoservices (EMGS) has entered into a pre-funding and late sales agreement related to 3D CSEM data surveys in the Barents Sea in Norway.
The agreement represents revenues of approximately $1.8 million, EMGS said in an Oslo Stock Exchange filing on Tuesday.
The data will be acquired during the third quarter of 2017.
The geophysical company was awarded a similar deal in late June with a value of $2.5 million.