EMGS formalizes second contract award off Indonesia

Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has received another contract for a prefunded multi-client acquisition offshore Indonesia.

EMGS received letters of intent for two contracts for prefunded multi-client acquisitions offshore Indonesia in mid-November. The LOIs represented a combined minimum gross contract value of $2.8 million.

The company entered into a final contract under one of the letters of intent on Tuesday. The contract has a minimum gross contract value of $1.8 million.

On Wednesday, EMGS said it entered into a final contract under the second letter of intent. According to the company, the contract has a minimum gross contract value of $1 million, giving a combined minimum gross value for the two contracts of $2.8 million.

Both surveys will be executed using the vessel BOA Thalassa, with an expected start-up in December 2017 and completion in January 2018.

Share this article

Follow Offshore Energy Today

Events>

<< Sep 2018 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

4th Oil and Gas Tanzania 2018 Products & Eqpt. Exhibition in Africa

It is truly remarkable how East Africa, and specifically Tanzania has in a short period of time become the main…

read more >

SPE Asia Pacific Oil & Gas Conference and Exhibition 2018

As the energy industry adapts to a new status quo operating under sustained low oil prices, there continues to be a need for the industry…

read more >

RIO OIL & GAS 2018

The leading oil and gas event in Latin America is organized every two years by the Brazilian Petroleum, Gas and Biofuels Institute (IBP)…

read more >

FPSO World Congress 2018

This year’s FPSO World Congress will tap on this green shoots of recovery and will focus on practical strategies to address key project…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply