Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/emgs-provides-vessel-activity-for-the-third-quarte.shtmlEMGS provides vessel activity for the third quarter 2013Electromagnetic Geoservices ASA (EMGS) provides the following summary of vessel activity and utilisation for the third quarter of 2013:
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Edit page New page Hide edit links Electromagnetic Geoservices ASA (EMGS) provides the following summary of vessel activity and utilisation for the third quarter of 2013: Vessel utilisation and fleet allocation EMGS defines "vessel utilisation" as the percentage of the vessel charter period spent on contracted or multi-client data acquisition. Vessel utilisation for the third quarter came in at 77% compared with 69% in the third quarter of 2012. In the third quarter of 2013, the company's vessels were allocated 35% to contract and 42% to multi-client programmes, whereas the allocation was 53% and 16% respectively in the corresponding quarter last year. EMGS recorded 9.9 vessel months this quarter, compared with 9.6 in the third quarter of 2012. |