EMGS nets Thailand, Myanmar seismic deal

Electromagnetic Geoservices ASA (EMGS)  has confirmed that the previously announced letter of intent for 3D EM data acquisition in Thailand and Myanmar has now resulted in a contract award.

The company further said that the contract is signed with a first-time customer PTTEP International and that it is worth $7 million.

The survey will be done using the vessel BOA Thalassa and it is expected to start directly after the ongoing survey in Malaysia is completed.

BOA Thalassa is a purpose-built 3D EM vessel with the capacity to carry 200 receivers. It is equipped with parallel source systems, including winches, cranes and hydraulic feeds.

 

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