EMGS in Multi-client Data Deal Worth Up to $3M


June 25, 2021

Norwegian offshore survey company Electromagnetic Geoservices (EMGS) said Friday it had entered into a framework contract with an existing client for licensing of multi-client data from the EMGS' international multi-client library.

There are no minimum licensing commitments for the undisclosed client under the framework contract.

However, EMGS said it believed, based on the information available, that the contract will result in late sales during 2H 2021 with a total value between USD 2.5 and USD 3.0 million.

EMGS, which provides data to offshore oil and gas explorers, did not provide any further details on the data to be licensed nor on the client.

A Map of EMGS' multi-client library shows the company has data over offshore areas in the North Sea, Norwegian Sea, Barents Sea, Greenland, East Canada, Brazil, Nigeria, India, Australia, and Indonesia.

No comments

More Popular Posts

About Crude Oil Facilitators

Crude Oil Facilitators are dedicated global brokers and facilitators of crude oil buying and selling. We work directly with crude oil buyers and crude oil sellers worldwide. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the brokering of crude oil and other petroleum products buying and selling.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Facilitators, click here ». To learn more about Crude Oil Facilitators, click here

Crude Oil Facilitators