ASKER, NORWAY (3 December 2014) - TGS and Electromagnetic Geoservices ASA (EMGS) have agreed to further expand the Companies' previous cooperation agreement in the Barents Sea. TGS will partner with EMGS to acquire electromagnetic (EM) data over approximately ten new blocks in the Nordkapp and Tiddly areas.
The new 3D EM data will be acquired by the M/V Atlantic Guardian. Data will be available to clients through both EMGS and TGS.
"TGS and EMGS are once again pleased to expand their cooperation in the Barents Sea," commented Stein Ove Isaksen, Senior VP Eastern Hemisphere for TGS. "As the 23rd Norwegian licensing round approaches, it is imperative for clients to have high quality, integrated EM and seismic data available."