EMGS
EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company's services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel.
EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston, Villahermosa, Rio de Janeiro and Kuala Lumpur.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
http://www.emgs.com
Dr. Svein Ellingsrud -
Founder & Vice President
Dr. Svein Ellingsrud's Awards
2009 - "Honorary Award 2009" from the Geological Society of Norway for notable achievements in the development and applications of CSEM in petroleum exploration
2008 - "Geofysikkprisen 2008" from NPF (Norwegian Petroleum Society) The Norwegian Geophysical Prize.
2007 - Society of Exploration Geophysicsts: Virgil Kaufman Gold Medal for
Full Biography and Videos
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EMGS initiates transition to low-cost set-up
Following the end of acquisition work under the two-year contract in the Americas, as announced to the market on 20 February 2020, the recent sharp oil price decline and the uncertainty created by the global Covid-19 pandemic, with associated impact on the global economy and, in particular, on oil company investment decisions, Electromagnetic Geoservices ASA ("EMGS" or the "Company") has experienced a rapid deterioration in the Company's backlog for 2020.
02 Apr 2020
EMGS reports third quarter 2018 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 6.0 million in the third quarter 2018, down from USD 10.7 million in the third quarter 2017 and down from USD 7.9 million in the second quarter 2018.
19 Nov 2018
EMGS: CEO Resignation
The Board of Directors of EMGS ASA ("EMGS" or the "Company") announces that Christiaan Vermeijden has decided to resign from his position as CEO due to personal reasons.
02 Oct 2018
EMGS reports third quarter 2017 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 10.0 million in the third quarter 2017, up from USD 4.5 million in the third quarter 2016 and down from USD 10.6 million in the second quarter 2017.
21 Nov 2017
EMGS reports second quarter 2017 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 10.6 million in the second quarter 2017, down from USD 15.1 million in the second quarter 2016 and up from USD 3.9 million in the first quarter 2017.
28 Jul 2017
EMGS reports fourth quarter 2016 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 12.0 million in the fourth quarter 2016, down from USD 20.5 million in the fourth quarter 2015 and up from USD 4.5 million in the third quarter 2016.
21 Feb 2017
EMGS reports second quarter 2016 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 15.1 million in the second quarter 2016, up from USD 12.1 million in the second quarter 2015 and from USD 13.0 million in the first quarter 2016.
23 Aug 2016
EMGS reports fourth quarter 2015 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 20.5 million in the fourth quarter 2015, up from USD 16.3 million in the third quarter and down from USD 52.5 million in the fourth quarter 2014.
19 Feb 2016