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Home›Business & Finance›EMGS in sales agreement for multi-client library in Norway
Business & Finance

April 30, 2020 · about 6 years ago

EMGS in sales agreement for multi-client library in Norway

Electromagnetic Geoservices (EMGS) has entered into a late-sales multi-client licensing agreement for its multi-client library in Norway. The net revenue to EMGS under the agreement is approximately $1.7 million. The majority of the revenue will be recognised in the second quarter of 2020, EMGS said

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EMGS in sales agreement for multi-client library in Norway
EMGS

Electromagnetic Geoservices (EMGS) has entered into a late-sales multi-client licensing agreement for its multi-client library in Norway.

The net revenue to EMGS under the agreement is approximately $1.7 million.

The majority of the revenue will be recognised in the second quarter of 2020, EMGS said.

EMGS did not reveal the name of the client.

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