EMGS has been awarded a contract by an independent oil company for a seabed logging (SBL) project offshore India beginning in late May 2007. The firm scope of work is no less than US $13.9 million; the actual contract value is dependent upon final decisions concerning acquisition geometry.


The program, which includes a large scanning component, is expected to continue until October 2007. In addition, the contract provides the oil company with an option to extend the scope of work substantially.


The firm program includes a 540-sq mile (1,400-sq km) scan, followed by 310 miles (510 km) of traditional line acquisition.


Terje Eidesmo, chief executive officer of EMGS, commented, “We are pleased to confirm that we get repeat business from a satisfied customer and are pleased that we have succeeded in strengthening this business relationship further. We have strong reasons to believe that the contractual firm scope of work will lay the foundation for extension via the optional program.”

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