emgs Calls Off Patent Case Against OHM

Electromagnetic Geoservices AS (emgs) has agreed to discontinue patent proceedings against Offshore Hydrocarbon Mapping plc (OHM).

emgs is discontinuing its proceedings in the High Court of London against OHM which alleged infringement of emgs' patents relating to Seabed Logging.

OHM filed evidence with the Court seeking to demonstrate that emgs was mistaken in its belief that OHM's activities were infringing.

emgs has also agreed to pay 50,000 toward OHM's costs in defending this action.

Dave Pratt, Offshore Hydrocarbon Mapping's, Chief Executive Officer, said:

"We have consistently stated that we were not infringing the patent in question. We are very pleased that emgs has dropped this time-consuming action. We will now continue with our business as normal."

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.

Our Privacy Pledge

Most Popular Articles
Related Articles

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours