EMGS wins data deal

EMGS29 December 2014, News Wires – Norwegian player to supply 3D data for Brazilian acreage

Electromagnetic Geoservices (EMGS) has secured a $1.8 million licensing deal with an unnamed international oil company to supply data for acreage in Brazil.

The Oslo-listed survey player will make available 3D electromagnetic data covering the Foz do Amazonas basin under the agreement.

EMGS will book revenue from the sale in the fourth quarter.

– Upstream

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