Continental Focus, International Reach

EMGS Awarded Namibia Job

Tuesday, August 6, 2019

Electromagnetic Geoservices (EMGS) was awarded a contract by Nabirm Global for a proprietary 3D CSEM survey over Block 2113A, PEL 0058 in the Walvis Basin offshore Namibia. The contract is valued in excess of $1 million.

Under the contract, EMGS will also provide processing, inversion and interpretation services to Nabirm post acquisition.

Subject to vessel availability, among other things, acquisition is projected to take place in Q1/Q2 2020, with a backstop date (automatic termination in the event if no vessel availability) of May 2020