EMGS - Fugro Multi-Client Project21/01/2010 |
| Electromagnetic Geoservices ASA (EMGS) has started a joint 3D EM Multi-Client Project in the Norwegian Sea with Fugro. The project will be completed during first quarter 2010. Prefunding, and subsequent late sales received by end of first quarter, will be recognised in the quarter. |
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"We find the business prospects for this project attractive, especially towards the upcoming licensing round in Norway this year. In addition we are particularly pleased with the fact that the first of several joint projects under the EMGS - Fugro alliance now has been initiated" says Roar Bekker, EMGS Chief Executive Officer.
Supplier: EMGS AS More news from this supplier: EMGS Awarded 3D EM Survey Second Purpose-built 3D EM Vessel EMGS Reorganises Marine EM Strategic Alliance Shell Awards 3D EM Survey EMGS Signs Gobal Frame Agreement Patent Dispute Decision and Strategic Review First Purpose-Built EM Survey Vessel Barents Sea Multi-client EM Survey EMGS Achieves 70 Trillion Calculations per Second Storm Surge Website Underwater Acoustic Modems With Embedded Developer Platform Baseline Measurements of Carbon in Arctic Ocean CARIS LOTS Support for Windows 7 Vegetation-classifying Echosounder SeaZone Accepted as IHO Producer Agency Rear Admiral Ian Moncrieff to speak at CARIS 2012 BlueView Updates and Viewer Two More Boomers for Titan REMUS 100 for Norwegian University of Technology and Science 
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