EMGS nets 3D EM contract in Africa

3/18/2014

EMGS nets 3D EM contract in Africa

TRONDHEIM, Norway -- Electromagnetic Geoservices (EMGS) has commenced a 3D EM survey offshore northwest Africa.

On February 14, 2014, EMGS announced that it had received a Letter Of Intent (LOI) to award a contract for a minimum of $8.3 million for 3D EM data acquisition in northwest Africa.

The LOI has now resulted in a signed contract with an undisclosed client. The vessel BOA Thalassa has commenced the survey, which is expected to take about one month, after which the vessel will be moved to Norway.

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