EMGS enters into data licensing agreement

Offshore staff

TRONDHEIM, NorwayElectromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement worth $7.1 million with an unnamed oil company for the provision of 3D EM data from EMGS' multi-client data library in the Barents Sea. The data will be delivered to the client in December. 

EMGS' multi-client data library in the Barents Sea now covers 42,000 sq km (16,216 sq mi), in addition to 10,000 sq km (3,861 sq mi) in the Norwegian Sea and 1,400 sq km (541 sq mi) in the North Sea.

12/17/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...