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."
Most Popular Articles