KEYFACT Energy
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award for a CSEM survey in India.
The survey is expected to have a contract value of approximately USD 10 million, subject to the issuance of a callout order. The LOA does not include a minimum scope of work. The Atlantic Guardian will commence acquisition following completion of the previously announced survey in India.
The Company expects the final contract execution to take place within the next several weeks.
KeyFacts Energy Industry Directory: EMGS l KeyFacts Energy: Contract Awards