EMGS Wins BP Survey Off Senegal
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O5 O% Z/ Y; JNorwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has been awarded a contract by UK oil and gas major BP for work off the coast of Senegal and Mauritania." g7 D" }' H# W. U+ o
EMGS said in a in Oslo Exchange filing that the contract is worth around $6 million. The survey work is expected to start in the first quarter of 2020.$ {5 l+ n/ F& ]& f% V3 e8 U
CEO of EMGS, Bjørn Petter Lindhom, said, “EMGS is delighted to return to Africa and for the opportunity to work for BP and partners on their high-profile acreage in Mauritania and Senegal."+ W: C6 r _3 h8 N) x6 n& u
"This contract extends our already healthy backlog and puts us in a good position to secure additional work in the prolific MSGBC Basin and in West Africa,” Lindhom added.1 E. K% w) E% X- Q
EMGS uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. The company supports each stage in the work-flow, from survey design and data acquisition to processing and interpretation.' ~4 _7 B/ ~2 K+ X8 y% P
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• Electromagnetic Geoservices ASA• Mauritania• oil and gas |