EMGS to conduct 3D survey offshore Namibia

Electromagnetic Geoservices (EMGS) has been awarded a contract from Nabirm Global LLC for a proprietary 3D CSEM survey over Block 2113A, Petroleum Exploration License (PEL 0058) in the Walvis Basin offshore Namibia.

The contract value is in excess of $1 million. Under the contract, EMGS will also provide processing, inversion and interpretation services to Nabirm post-acquisition, EMGS said on Thursday.

Subject to, amongst other things, vessel availability, acquisition is projected to take place in Q1/Q2 2020, with a backstop date (automatic termination in the event if no vessel availability) of May 2020.

CEO of EMGS, Bjørn Petter Lindhom, commented: “We are very pleased with the award of this vessel of opportunity contract from Nabirm, which further strengthens our belief that we are well placed to deliver significant value to customers operating offshore Africa, and that the importance of the African market will increase going forward.We are working on developing a 2020 multi-client campaign offshore Namibia, which will allow us to deploy a vessel to the region.”

CEO of Nabirm, Olayinka Arowolo, commented: “We are pleased to be working with EMGS on this project; it is a significant opportunity for all our stakeholders as this will be the first survey of its kind in the region. We believe that EMGS’s proprietary technology will help us de-risk our prospects significantly.

!Risk Based Solutions Namibia will assist with obtaining the required Environmental Clearance Certificate prior to the acquisition.”


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Jan 2020 >>
MTWTFSS
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 31 1 2

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

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