TGS in partnership with Electromagnetic Geoservices ASA (EMGS) have signed an agreement to jointly invest in a 3D electromagnetic (EM) multi-client survey covering 11 blocks, or approximately 3300 km2, in the Hoop area of the Barents Sea.

The 3D EM data is being acquired by the M/V Atlantic Guardian. Data will be available to clients through both EMGS and TGS. The survey is supported by industry funding.

Under the terms of the previously announced agreement, EMGS will be given access to TGS' 2D seismic data for survey planning and integration purposes, while TGS will obtain access to 3D EM data to evaluate and plan subsequent multi-client work over the area.

Tags: TGS-NOPEC Geophysical Company