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EMGS awarded 3D CSEM contract in Southeast Asia

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Oilfield Technology,

Electromagnetic Geoservices ASA has been awarded a 3D CSEM contract in Southeast Asia by an unnamed client. It is EMGS's first CSEM data acquisition contract with the customer.

The company expects that the acquisition will take place in the beginning of 3Q21. The expected contract value is between US$6 and 7 million, dependent on certain options for the customer.

The survey will be acquired using the Atlantic Guardian following the multi-client acquisition in Mexico. This will necessitate a rescheduling of the previously announced prefunded Utsira High multi-client survey in Norway until early 4Q21.

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