Electromagnetic Geoservices Asa News

 

EMGS Confirms Equinor Data Contract

Mar 04, 2019

Electromagnetic Geoservices (EMGS) said it has entered into final contracts with Equinor for a range of seismic data across the Norwegian continental shelf.The final deal includes both licensing of Barents Sea, Norwegian Sea and North Sea data from EMGS’s existing multi-client library…

Gardline Names Vermeijden CEO

Jan 09, 2019

Marine survey company Gardline has appointed Christiaan Vermeijden as Chief Executive Officer, effective immediately. Vermeijden will replace Gardline's current interim CEO, Gerben Eggink.Vermeijden joins the U.K. based Royal Boskalis Westminster N…

EMGS Vessel Utilisation Stands at 32% in 4Q

Jan 06, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…

EMGS Preps for South American Survey

Oct 22, 2018

Norwegian owner Electromagnetic Geoservices (EMGS) said in a press note that it is currently engaged in the final stages of a contractual exchange for a proprietary data acquisition survey with an undisclosed customer.The survey will take place…

EMGS Appoints Interim CEO

Oct 16, 2018

Norway-based Electromagnetic Geoservices (EMGS) has announced that Christiaan Vermeijden had decided to resign from his position as CEO due to personal reasons.According to a stock exchange notification published by the company, Bjørn Petter Lindhom has been appointed as interim CEO of the Company…

Shearwater GeoServices Bags Two Contracts

Oct 11, 2018

Shearwater GeoServices (Shearwater) has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog.The marine geophysical services company said that the surveys will be starting in the first half of Q4 2018…

EMGS, TGS expands Barents agreement

Jan 20, 2017

Electromagnetic Geoservices (EMGS) and TGS-NOPEC Geophysical (TGS) have agreed to expand the companies' cooperation agreement in the Barents Sea.  TGS will be investing in a 3D CSEM data acquisition project related to the 24th licensing round in Norway…

TGS inks seismic contracts with Shearwater, Polarcus

Jan 20, 2017

Norway's TGS has inked two new seismic vessel contracts with Norwegian geoscience firms Shearwater GeoServices and Polarcus, for surveys in Europe. Shearwater GeoServices has agreements for two surveys, one firm and one optional, starting between March and May 2017…

EMGS gets 20% reduced vessel rate deal

Jan 20, 2017

Norway's Electromagnetic Geoservices has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL at new and improved commercial terms. The new terms are valid through 1 October 2019 with an option to extend the new agreement through 1 April 2021…

EMGS extends Malaysia EM contract

Nov 17, 2016

Electromagnetic Geoservices (EMGS) has entered into a firm contract with an oil company in Malaysia, confirming the provisional agreement announced oN 1 November 2016. The contract extension is worth approximately US$8 million and relates to a 3D EM data acquisition offshore Sabah…

EMGS facing more staff cuts

Oct 12, 2016

Norwegian geoscience firm Electromagnetic Geoservices (EMGS) says it is to reduce its 'employee expenses' by about 20%, through temporary and permanent layoffs on shore and offshore and other measures, due to a reduced level of activity. Q2 'employee expenses' were US$5…

EMGS ends EM Leader contract

Jul 05, 2016

Electromagnetic Geoservices (EMGS) has ended a charter contract for the EM Leader, as its vessel utilization increased in Q2 2016, compared to last year. The EM Leader, from EMGS. The…

EMGS cuts further 15% from headcount

Apr 14, 2016

Norwegian geoscience firm Electromagnetic Geoservices (EMGS) has announced plans to cut its headcount by a further 15%, following a 20% reduction in workforce made last year. Actual staffing numbers were not given. EMGS said the changes…

EMGS PGS agree to not disagree

Apr 13, 2016

Norwegian geoscience firms Petroleum Geo-Services (PGS) and Electromagnetic Geoservices (EMGS) have reached a settlement agreement over patent disputes.  Instead of not allowing each other to use each other's technologies, the firms have…

EMGS enters US GoM 3D deal

Dec 09, 2015

Electromagnetic Geoservices (EMGS) announces that the company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Daybreak project located in the western US Gulf of Mexico worth a total of US$1…

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