EMGS: Proprietary acquisition for BP
Friday 28 June 2019
Electromagnetic Geoservices ASA ("EMGS") announced that it has been awarded a contract from BP for a proprietary CSEM survey, offshore Senegal and Mauritania.
The contract has a total value of approx. USD 6 million.
Acquisition is expected to start in the first quarter of 2020.
CEO of EMGS, Bjørn Petter Lindhom comments:
"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. 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."