EMGS nets $7-million contract extension for oil company in Malaysia
TRONDHEIM, Norway -- Electromagnetic Geoservices (EMGS) has signed a contract extension, worth approximately $7 million, with an oil company in Malaysia.
In August, EMGS announced that it had received a letter of award for a contract, worth approximately $4.2 million, for 3D EM data acquisition over the oil company's operated area in Malaysia. The acquisition was completed on Oct. 9.
The vessel BOA Thalassa will commence the extension of the survey on Wednesday, and the expected duration of the survey is approximately one and a half months. The survey is located off East Malaysia.
