EMGS Inks Global Frame Agreement with Shell for Electromagnetic Services
EMGS signed a global frame agreement with Shell Exploration and Production B.V. for the provision of electromagnetic (EM) services for the next year, with optional extensions for two additional years.
Roar Bekker, EMGS chief executive officer, commented, "Shell is one of the most experienced users of EM technology, having completed more than 50 surveys since its first use of our technology in 2004. We are delighted to enter into this frame agreement which further underlines Shell's confidence in EMGS's technology."
The majority of the EM services performed for Shell will focus on EMGS's unique 3D capabilities. These provide superior data quality
which can be more easily integrated into the exploration and production workflow, and interpreted alongside other subsurface information.
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Company: Electromagnetic Geoservices ASA (emgs) more info
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