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EMGS Expands Portfolio with Barents Sea Seismic Survey

EMGS Expands Portfolio with Barents Sea Seismic Survey

ElectroMagnetic GeoServices ASA (DE:E2M) has released an update.

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Electromagnetic Geoservices ASA (EMGS) has announced a partnership with Velocitas Geo Solutions to conduct a pre-funded Ocean Bottom Node seismic survey in the Barents Sea using the Atlantic Guardian, marking EMGS’s entry into seismic node projects. The project, starting in Q3 2024 with a contract value of USD 1.0 million, is part of EMGS’s strategy to diversify and improve their vessel utilization while gaining experience in seismic node services.

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