EMGS picks up two seismic deals offshore Indonesia

Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has received letters of intent for two contracts for prefunded multi-client acquisitions offshore Indonesia.

EMGS said on Thursday that the two contracts represented a combined minimum gross contract value of $2.8 million. The company did not reveal any other details about the survey.

Subject to final and binding contracts for the work, EMGS expects to start the surveys in December 2017.

This is a second similar announcement by the company in the last month. In mid-October, the company’s subsidiary, Electromagnetic Geoservices Canada, began preparations for carrying out a pre-funded multi-client survey west of Newfoundland, Canada.

EMGS said at the time that the survey would represent a minimum level of revenues to EMGS of approximately $2.5 million.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 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 31 1 2

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

8th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

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