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Norway’s Electromagnetic Geoservices ASA (EMGS) has secured a 3D EM data sale deal.

The company on Monday said the data licensing agreement was with an oil company.

While it did not disclose the identity of the client, EMGS said the deal was for the provision of 3D EM data from the multi-client data library over the Norwegian Sea and the Barents Sea. The total value of the deal is around $4.0 million.

Source: www.offshoreenergytoday.com

Tag(s) : #Oil and Gas News
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