EMGS firms up Malaysian contract

Offshore staff

TRONDHEIM, Norway – Electromagnetic Geoservices ASA (EMGS) has entered into a firm contract with an oil company in Malaysia.

This contract confirms the provisional $8-million agreement announced in November.

The agreement relates to a 3D EM data acquisition offshore Sabah, East Malaysia. The vessel BOA Thalassa will perform the survey which is estimated to take approximately two months with an expected completion date in early January 2017.

12/16/2016

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