EMGS awarded shallow water survey in Asia
(Thomson Reuters ONE) -
Electromagnetic Geoservices ASA has been awarded a shallow water survey in
Malaysia worth more than USD 2.5 million by a major oil company. These contract
revenues will be recognised in the fourth quarter of 2010. The 3D EM survey is
currently underway using the vessel BOA Galatea.
Contacts
Roar Bekker, EMGS chief executive officer, +47 22 01 14 00
Svein Knudsen, EMGS chief financial officer, +47 22 01 14 00
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. Please visit www.emgs.com for more information.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1452298]
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Source: EMGS via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 15.10.2010 - 12:31 Uhr
Sprache: Deutsch
News-ID 45689
Anzahl Zeichen: 0
contact information:
Town:
Trondheim
Kategorie:
Business News
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