UK: EMGS Bags Contract for Shetland Survey

Electromagnetic Geoservices ASA today signed a contract worth approximately USD 1.5 million with Total E&P UK Ltd and DONG Energy to acquire 3D electromagnetic (EM) data in the West of Shetland area on the UK Continental Shelf. Total has established a significant portfolio of exploration and development interests in this area and the 3D EM data acquired by EMGS will be used to de-risk a hydrocarbon prospect.

The 3D EM survey has already started using EMGS’s mobile acquisition set deployed from the vessel Siem Mollie, thereby extending the charter on this vessel from 1 to 21 October.

Roar Bekker, EMGS chief executive officer, commented: “We are delighted to continue our relationship with Total. The new direct contract award follows a successful 3D EM survey in 2009. The previous survey evaluated its mature North Sea Frigg field to facilitate decommissioning decisions. The two contracts demonstrate the value, which companies such as Total recognise, that EMGS can deliver across the exploration and production life cycle.”

About EMGS

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The company’s services enable integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency, and reduces risks and the finding costs per barrel.

EMGS has conducted more than 500 surveys to improve drilling success rates across the world’s mature and frontier offshore basins. The company operates on a worldwide basis with main offices in Trondheim and Stavanger, Norway; Houston, USA; and Kuala Lumpur, Malaysia.

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Source: EMGS, October 7, 2010,