Electromagnetic Geoservices wins contract for CSEM acquisition in Caribbean

By on Comments Off on Electromagnetic Geoservices wins contract for CSEM acquisition in Caribbean

Electromagnetic Geoservices (EMGS) said that it has bagged a proprietary survey for executing a controlled-source electromagnetic (CSEM) acquisition in the Caribbean from an undisclosed international oil company.

The Norwegian geophysical services company expects the CSEM survey to begin in late Q3 2022 or in early Q4 2022.

The approximate acquisition duration of the survey is 60 days.

See also  Mangalore Refinery and Petrochemicals reports Q3 FY22 PAT of Rs 969cr
Electromagnetic Geoservices wins contract for CSEM acquisition in Caribbean
Electromagnetic Geoservices wins contract for CSEM acquisition in Caribbean. Photo courtesy of RazorMax from Pixabay.

According to Electromagnetic Geoservices, the scope of the final acquisition under the contract, which has a maximum value of around $11 million, is yet to be fixed.

  , , , , ,

Electromagnetic Geoservices wins contract for CSEM acquisition in Caribbean added by on
View all posts by Pallavi Madhiraju →

See also  Larsen & Toubro begins operations of green hydrogen plant in Hazira

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.