Oil and gas survey technology firm Electromagnetic Geoservices (EMGS) announced Thursday that it has appointed Bjarte H. Bruheim as its new CEO. Bruheim has served as the Norwegian company's executive chairman since July 2014 and has been active in the oil services sector for 30 years.
EMGS uses proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. The company's services enable the integration of EM data with seismic and other geophysical and geological information to give explorers a clearer and more complete understanding of the subsurface.
EMGS said current CEO Roar Bekker is resigning from the company.
EMGS Chairman Eystein Eriksrud commented in a company statement:
"We are pleased that Bjarte Bruheim has accepted employment as CEO in EMGS. Bjarte brings with him a unique experience and knowledge about the industry, and he understands the challenges and opportunities for EMGS going forward."
"I look forward to continue to work to develop EMGS together with our highly-qualified team. I believe our products and technology will make a difference for the oil and gas industry. The combination of different geophysical methods, including EMGS products, will be more important with a low oil price. EMGS products assist oil companies in reducing their expenses through increased drilling success."
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