EMGS Receives Contract Related to Previously Announced Letter of Award for Survey in India

Source: www.gulfoilandgas.com 3/24/2025, Location: Asia

Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 15 January 2025 wherein EMGS announced that the Company had received a Letter of Award for a CSEM survey in India.

The Company is pleased to announce that the final contract has now been signed. Under the signed contract, the final contract value remains approximately USD 10 million, i.e. in accordance with the expectation under the Letter of Award.

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