Prime Minister Nguyen Tan Dung approved a decision to build specialized ships for maritime research and survey purposes only in local shipyards associated with Vietnam Shipbuilding Industry Corporation (SBIC). From now onwards only member companies of the Hanoi-based SBIC…
Shanghai Shipyard has won bids to build two multipurpose survey vessels for two geological survey institutes. The shipyard is an affiliate of China State Shipbuilding Corporation (CSSC). Qingdao Marine Geological Survey Institute and Guangzhou…
Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of USD 2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA). EMGS' multi-client data library in Norway now covers 44…
Polarcus Limited announced another disappointing quarter today, reporting $93.3 million in fourth quarter revenues, down 24% from the same quarter in 2013.Polarcus, the operator of a global fleet of seismic research vessels, released their…
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 52.5 million in the fourth quarter 2014, up from USD 41.7 million in the third quarter and from USD 44.9 million in the corresponding quarter in 2013. Contract sales totaled USD 25…
The new Board of Directors of Electromagnetic Geoservices ASA (EMGS) has reviewed the Company's organization, and has resolved to appoint Bjarte H. Bruheim as Chief Executive Officer of the Company effective from 7 January 2015. Bjarte Bruheim…
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…
Nordic Maritime Pte. Ltd., has been awarded the contract to provide 2D seismic survey work in Indonesia by MultiClient Geophysical (Pte) Ltd. (“MCG”). This survey is expected to commence in December 2014 and will take approximately 60 days to complete…
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has been awarded a contract from BG Group worth approximately USD 27 million for 3D EM data acquisition in Uruguay. 'We are delighted to start working for BG in Uruguay on this survey…
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'This sale…
Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas Basin.The project is a collaboration between…
Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014.In the current year geological survey covered 24 license areas with the scope considerably exceeding license obligations…
Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data…
* TGS Q3 operating profit $71 mln vs forecast $75 mln* PGS Q3 EBITDA $182 mln vs about $180 mln in Oct.15 warning (Adds PGS, detail) Norwegian seismic surveyors TGS and PGS said on Thursday that demand from oil companies had deteriorated…
From November 20th Magne Reiersgard, Executive Vice President (EVP) Operations, and Per Arild Reksnes, EVP Marine Contract of Petroleum Geo-Services, will change roles, with Mr. Reiersgard becoming EVP Marine Contract and Mr. Reksnes becoming EVP Operations…
